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17th of July 2018

Mongolia



Parliament approves resolution on accelerating Tavan Tolgoi project

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The American Chamber of Commerce in Mongolia

2018-07-02 14:03 GMT+8

The spring session of Parliament closed on June 29. During the closing session, Parliament discussed a draft resolution on several measures to accelerate the Tavan Tolgoi (TT) project and approved the resolution with 83.1 percent of the vote.

Members of Parliament Z. Narantuya and D. Erdenebat suggested developing proposals to allocate 34 percent of Erdenes Mongol LLC shares to the public, and to restructure the company as a publicly owned entity. The Mongolian People’s Party Caucus in Parliament didn’t support the proposition.​

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