Ulaanbaatar
Cabinet meeting in brief
Politics
Ulaanbaatar/MONTSAME/ At its
regular meeting on February 27, the Cabinet discussed the following issues.
-The
Cabinet obliged the Head of Cabinet Secretariat of Government L.Oyun-Erdene and
Minister of Mining and Heavy Industry D.Sumiyabazar to transfer licenses of
some deposits with strategic importance into the ownership of ‘Erdenes Mongol’
LLC. The Board of Directors of the company was assigned to implement required
project and program, realize objectives and goal reflected in the mid-term
strategy of the company and take certain measures to increase benefits of
shareholders.
- The
Cabinet made a decision to distribute 4000 tons of hay and 3000 tons of fodder
from state reserve at 50 percent discounted price to Arkhangai, Bayankhongor,
Bayan-Ulgii, Gobi-Altai, Zavkhan, Khovd, Khuvsgul and Uvs aimags that are experiencing
harsh spring.
-Forest
strips, afforestation area and arboretum that were built in some aimags in
2007-2016 within the ‘Green Belt’ Mongolian and Korean Joint Project will be
registered on state forestry data. In duration of the project implementation,
trees were planted at 2826 ha area in total.
-The
Cabinet backed a draft of the Program Implementation Agreement in compliance with
the MCC Compact established between the Government of Mongolia and the U.S.
Mongolia’s Minister of Foreign Affairs D.Tsogtbaatar will sign the agreement.
-The Cabinet backed a draft of the
loan agreement of the project ‘Supply of equipment and technical facilities for
Complex Building of General Archival Authority’ to be established between the
Ministry of Finance of Mongolia and Export-Import Bank of the Republic of
Korea. A repayment term of the loan worth USD19 million will be 40 years, with an
interest of 0.15 percent and a moratorium period of 10 years.
-
According to the government resolution, 9,729.507.5 area covering territories of 88 soums of 17 aimags has been
taken into state reserve. Geological mapping and general explorations will be
conducted in the area.
