“JUSTICE” COALITION TAKES BREAK DUE TO OYU TOLGOI MATTER

Ulaanbaatar /MONTSAME/ The “Justice” coalition took a break at plenary meeting of the parliamentary session during the first-stage discussion of a draft resolution of parliament on some measures for intensifying the national economy. With aims to intensify the national economy and to ensure the financial stability, the draft resolution has been submitted from the cabinet, and the Standing committee on economy has backed the proposals with some 40 principal terms formulated by a working group for the resolution. At the discussion of the parliamentary session, a head of the coalition’s faction (Mongolian People's Revolutionary Party and Mongolian National Democratic Party) N.Battsereg put forward its proposals to have one-day break in order to consolidate its position over the 31st term drawn up by the working group. This 31st term states about adding a sub-clause on accelerating the construction of an underground mine of the Oyu Tolgoi project under the current law on investment contract and rendering parliamentary and governmental support to the project’s implementation. The coalition explained that the clause regarding the Oyu Tolgoi Treaty at the plan on economic intense measures does not meet its programme of actions. The coalition promised to have the Mongolian side own 51% of the Oyu Tolgoi project’s benefit through its programme during the 2012 parliamentary election. The Speaker Z.Enkhbold gave one-day break for the coalition, and then N.Battsereg said his coalition will forward it position over the matter at a plenary meeting on Friday.