Mongolia to Ease Investment Limit Amid Rio Tinto Dispute - Businessweek: "Mongolia will ease limits on foreign investment that requires parliamentary approval even as it restricts overseas ownership in industries such as mining amid a dispute with Rio Tinto Group.
The threshold will be raised to 1 trillion tugrik ($715 million) from 100 billion tugrik, Foreign Minister Luvsanvandan Bold said today in an interview.
“Today at the cabinet meeting this issue will be addressed and there will be changes in the law in the near future so that the international community and investors will be happy,” he said."
'via Blog this'
