Opinion: Russians still think and act same about Mongolia!

Kommersant, one of respectable main daily newspapers of Russian business and political circle published a story about Oyu Tolgoi, large gold and copper deposit discovered by Canadian junior miner Ivanhoes Mines in Southern Gobi region of Mongolia.
MonInfo, mongolian news service published the translation of the story. The story carries several "incorrect" assumptions about the deal. In the first place, Oyu Tolgoi was never Russian nor promised to them by Mongolian government. Therefore, the title of the story" Mongolia deprives Russia of its gold" is baseless and very wrong. The Oyu Tolgoi (meaning Turquoise Hill) was discovered by the Canadian junior miner Ivanhoe Mines.
The agreements signed between Russia and Mongolia when Russian Prime Minister Putin came to Mongolia in May, 2009 was more of a general agreements and memorandum of understanding which disclosed intention to form joint venture named " Mongolian Infrastructure development". Russian Railways to own 50% and Mongolian side through "Erdenes MGL" state run-company to own 50% of the company.
Ulaanbaatar Railways, 50/50 owned by Russian and recently Mongolian sides purchased several railcars using its own fund. Russians were never invested in upgrading of the Ulaanbaatar Railways. It just interested now in upgrading Ulaanbaatar Railways by refusing purchases of General Motors locomotives and upgrading of the railway system by $ 188 mill grant of Millenium Challenge Corporation, a US Government corporation.
By signing these general agreements, the Russians attempted to block access to Mongolia by other countries. However, since these agreements are very general and symbolic in nature and does not stipulate concrete action by Russians, Mongolian government is not bound by them.
Mongola is free to deal with anybody it chooses as a sovereign, independent country. The story attempted to show that Russia is losing a lot from actions of Mongolian authorities.
How can it lose a cent since Oyu Tolgoi was never Russian nor promised to them? The Russian analysts made one absolutely right conclusion however. Since Russians own 50% of Ulaanbaatar Railways, they have control and authority over where to build railways to carry coal, copper and uranium. For years, Mongolia wanted to increase its stake in the railway from 50 to 51% so it take action without consulting the Russians? Russian railroad monopoly in Mongolia holding up development of Mongolian economy which relies heavily on the only railroad in country...
Russian Kommersant newspaper once again demonstrated Russian jingoistic attitude towards Mongolia. Once, Mongolia was pawn of Soviet, Russian policy during the communist regime. Still many Russians think same way about Mongolia. Ignorance of the Russian analysts about the Oyu Tolgoi deal is clearly shown in the story. By Ganbat, reporter of MonInfo news service.


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