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Events
Parliamentary working group to report on OT agreement review
In April, a Mongolian parliamentary working group was formed to review the implementation of the 2009 Oyu Tolgoi Investment Agreement between the Government and the UK-based Rio Tinto Group. Now, the working group is ready to deliver its findings to parliament on the implementation of the Investment Agreement. According to D.Terbishdagva, head of the working group, the report consists of reviews send by five sub-groups and 90 percent of all the original tasks have been completed. The reason why it is not totally finished is because the Mongolian National Audit Office and the Independent Authority against Corruption of Mongolia have failed to send their reviews on time. Therefore, the working group is planning to present its report to the Standing Committee without their reviews.
Previously, the working group was led by D.Damba-Ochir. However, he resigned from the position and D.Terbishdagva replaced him. While working as Deputy Prime Minister D. Terbishdagva stated that the OT agreement was ‘profitless’.
Published Date:2018-07-19
