Parliament approval not needed for Oyu Tolgoi financing: ""Parliament has already made the decision and signed their agreement," Prime Minister Norov Altankhuyag said at a weekly press briefing on Thursday.
"Cabinet doesn"t have to be involved. All issues can be discussed and decided at the board of directors" level," he added.
Rio Tinto on Monday put all work on the underground expansion of the Oyu Tolgoi mine on hold, saying it had been advised that project financing provisionally secured for the project would need to be approved by parliament."
'via Blog this'
