Mongolian President Tsakhiagiin Elbegdorj speaks about Mongolia’s mining situation on Bloomberg. President Ts. Elbegdorj says he expects a deal on Oyu Tolgoi within a week (video posted on September 25, 2009).
Of course, we have since learned that an agreement was reached on September 30th with the official signing for the Oyu Tolgoi investment agreement to take place on October 6, 2009, a “baljnyam” and “dashnyam” day which is considered an exceptional day according to horoscope and only occurs once a year or so.
In any case, here is the Mongolian President’s interview with Bloomberg. On a side note, if he carries through everything or at least half of what he has been saying, Mongolia will be an awesome place to live and to do business. Enjoy the video!
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