Mongolia’s new government will ignore calls to push Rio Tinto Group for a larger share of the country’s Oyu Tolgoi copper and gold mine, focusing instead on attracting overseas investors to its biggest coal field, said the nation’s foreign minister.
The UN food agency on Thursday signed five cooperation memorandums with Mongolia as the country aims to become a wheat and livestock production base in the Asia-Pacific region.
Kh.Battulga, Minister of Industry and Agriculture, opened a meeting which took place on the weekend with local food producers and importers with a statement on Mongolia’s lack of self-sufficiency.