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Message: Mongolian Parliment amendments pave way for Mongolian developments

Thursday, September 24, 2009

Oyu Tolgoi to be signed on Monday

Oyu Tolgoi Investment Agreement to signed on Monday, according to "National Post" dailyhttp://www.undesniishuudan.mn/, which is one of the top 4 newspapers and is famous for its independent, unbiased and reliable information.
Before the yesterday's Regular Government Meeting, the PM has listened to the progress of Oyu Tolgoi Investment Agreement (OTIA) conclusion.
A reliable source has informed that OTIA will be signed by two parties on 28th of this month or on Monday September 28, 2009.
The procedure for signing the agreement is "generally ready" and in connection with this S.Bayartsogt and L.Gansukh have sent a letter to the management of "Ivanhoe Mines" and "Rio Tinto", to remind you again the Agreement will be signed by three Ministers: Finance, Environmental and Tourism, and Mineral Resources and Energy.

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