Mongolian legislator confirms delay of OT agreement warns haste makes waste

Bayarsaikhan Tsevelmaa, Chairman of the Economic Standing committee of the State Great Khural (Mongolian parliament) told to Mongolian journalists "meticulous work of reviewing and matching word-for-word translations of the Oyu Tolgoi investment agreement in Mongolian and English languages taking longer than expected.There can not be clauses with double meanings in the agreement.We have to accept that quality and benefit of the agreement is essential than timing." In another word, the legislator of Mongolian Democratic Party (Umnugovi aimag) said " haste makes waste" and was confident about signing of the agreement on Oct 6, 2009.

By Ganbat, reporter of MonInfo News Service