SPEAKER VOTES AND EXPRESSES HIS VIEW ON EMC OWNERSHIP

Chairman of the State Great Khural (Parliament) Mr Z.Enkhbold cast his ballot at 7th polling station of the parliamentary elections’ 59th constituency, located at the 45th secondary school of Sukhbaatar district.

The Speaker noted that this year’s elections are being organized under excellent management while also satisfying all legal standards.

When asked about Mongolia’s purchasing of the 49 percent share of Erdenet Mining Corporation that once belonged to Russia, the Speaker noted this issue was on the table for a long time as Mongolia had been proposing the Russian side to sell its share of the EMC. Finally, this was settled during the tripartite meeting of the presidents of Mongolia, Russian Federation and the People’s Republic of China held in Tashkent, Uzbekistan. To be finalized, this issue must be approved by the parliament, which is to be put together as a result of these elections. “Politicizing this decision must be stopped. Russian side also offered Mongolia to buy Ulaanbaatar Railway joint venture, which offer, however, has been denied due to extreme politicizing of that time. We should purchase our major industries when possible for the sake of our economic independence”, he noted.

Source:http://en.montsame.mn/politics/speaker-votes-and-expresses-his-view-emc-ownership