"COAL PROGRAM"

Mining Minister R.Jigjid has said that the Mongolian Government is preparing a “Coal Program.”

Also, he currently leads a fortnightly meeting to study the problems occurring in the sector, primarily with coal production and exporting companies and study ways of solving them. The sector is enduring hard times due to coal market recession.

To date, the working group has met three times, and has decided to take payment of natural resources according to coal & coal product classification; this codification was undertaken in cooperation with the Mongolian Customs House.

Currently, they are working on the “Coal Program” to facilitate payment of natural resources at contract prices and also to resolve the problems of coal markets and exports.

Source:news.mn