Today, Mongolian parliament started hearing of the Oyu Tolgoi Investment Agreement.
The Investment Agreement includes about 60 revisions after re-negotiating with Ivanhoe Mines.According to this agreement, Mongolian Government to own 34% equity stake and impose 30% Resource Rent Payment.
Will update about the hearing throughout the day....Keep tuned.
-
May 24, 2017 Mongolia's economic reform program aims to stabilize the economy, restore confidence, and pave the way to economic recov...
-
Russian environmental and scientific circles have repeatedly expressed their concerns about Mongolia’s plans to build three dams at rivers t...
-
Mongolian Mining Corp. (975 HK): Mongolia's biggest closely held coking-coal producer said Chief Executive Officer Battsengel Gotov didn...
-
The Fifth U.S.-Mongolia Business Forum took place simultaneously with the AG CONNECT Expo yesterday with several dozen delegates from Mongol...
-
With Korean men contributing to growth of industry, the damage to Korea’s image has increased South Koreans’ sex tourism to Mongolia rema...
-
On 22 July 2015, activists from several ethnic minority groups in China sent a letter to the International Olympic Committee (IOC) urgin...
-
I recently came across this song sung by Oirad-Mongolian singer Homba. Little is known about Homba. The song is called Sharhdasan setgel (Ша...
-
ULAANBAATAR, Mongolia (AP) — With one hand resting on the mane of a sturdy Mongolian horse, U.S. Defense Secretary Mark Esper invoked the ...
-
13 Jan 2010 17:26:00 GMT Source: Adventist Development and Relief Agency (ADRA) International Nadia McGill Website: http://www.adra.org SILV...
-
We are providing link to Mongolian gay film " Terminal" on the occasion of first Pride week of Mongolia. The Pride week wa...
Resource rent payment. Is that what they are calling windfall tax now?
ReplyDeleteEric,
ReplyDeleteyes, that is replacement for 68% windfall profits tax.
I'll try to write regularly on my blog and will welcome any suggestions and opinions. Since I'm not native english speaker, my writing will not be perfect.