Ulaanbaatar /MONTSAME/ On Monday, the irregular spring session of the State Great Khural opened at 10.00 am in the State House. The session intends to discuss and adopt several laws aiming at supporting foreign investments.
The Speaker of Parliament Z.Enkhbold has issued an order to call an emergency session meeting of Parliament for September to discuss the economy and proposed draft laws on the foreign investment capital fund.
The Gal Undesten Union held a demonstration with 11 activists opposing the amendment law banning mineral exploration and exploitation in river and forest basins. The demonstration was held outside of the Government house during the emergency session meeting of Parliament called by Speaker Z.Enkhbiold today on September 16th. Local reports say that the activists fired shots into air near Government House around 10.30 am this morning. An emergency state was called in Government House disallowing any entry or exit for some hours.
According to Mongolia's Prime Minister Norovyn Altankhuyag, the country had been planning to sell its Samurai bonds this year. The sale was valued to as much as USD1 billion. It would also offer foreign investors a new way into its biggest coal project. The move was said to revive growth for the country, said the Prime Minister.