PM WANTS REPORTS ABOUT 106 MINING LICENSES

Ulaanbaatar /MONTSAME/ Prime Minister Ch.Saikhanbileg on December 8 obliged the acting Vice Minister of Foreign Affairs D.Gankhuyag to present to the cabinet some issues concerning foreign investors and individuals. The Premier considers that it is necessary for the Government to express its position on the matters about a reputation of Mongolia, "because the reputation has been damaged by a few individuals who spread words about some investors being 'trapped' in Mongolia". He also instructed the acting head of the Authority for Minerals D.Uuriintuya to make presentation for the Cabinet on issuance of new licenses on 106 sites for exploration and exploitation, for which the previous licenses had been cancelled by the court decisions.