President talks to Stanford University delegation about Mongolia

Ulaanbaatar /MONTSAME/ The leader of Mongolia Ts.Elbegdorj received Tuesday scholars and researchers of the Stanford University. The guests asked him about the democracy, the ways Mongolia gained achievements, people’s livelihood, economic market, and life of herders. Talking about the history of the Mongolian democratic revolution that started in 1990 after a 70-year socialist regime, Mr Elbegdorj said the Mongolians always cherish freedom, so the democratic revolution ran peacefully. He said the private sector dominates the national economy, a corruption index has been ceasing according to the Transparency International organization. “State budget, finance and expenses have been transmitted into a ‘glass’ system, people can now supervise them though social media such as Facebook and Twitter. Exploitation of mineral resources is now controlled by people as well. If a local inhabitants protest the exploitation, its permission could be cancelled,” he said. Civil halls have been created to activate the direct democracy and a civil role in state affairs, he added. A number of livestock reached 50 million this year, this can boost the industry of agricultural products as well as organic medicine factory. A Mongolian scholar, he went on, has invented a calcium preparation produced from horse bones, Japan already proposed collaborating in the production of this preparation, he said.