29 July 2016
AsiaNews.it Twitter AsiaNews.it Facebook
Geographic areas




  • > Africa
  • > Central Asia
  • > Europe
  • > Middle East
  • > Nord America
  • > North Asia
  • > South Asia
  • > South East Asia
  • > South West Asia
  • > Sud America
  • > East Asia

  • mediazioni e arbitrati, risoluzione alternativa delle controversie e servizi di mediazione e arbitrato


    » 06/27/2012, 00.00

    MONGOLIA

    Mongolia to vote: economy and welfare at stake



    The main challengers are the center-right Democratic Party and former communists of the People’s Party. DP ahead after campaign focusing on light fiscal policy in support of organizations and private businesses. The President, a Democrat, also wants control of Parliament. The mining industries are waiting with bated breath.

    Ulaan Baatar (AsiaNews) - Mongolia is getting ready for tomorrow's general election, when the People's Party (formerly Communist Party) will challenge the Democratic Party to maintain its supremacy in Parliament. At stake is not only the executive but also a large part of the country's economic development: the "popular" because they want to overturn a law imposed by President Tsakhia Elbegdor (Democrat), which requires executive control over all transactions above 75 million dollars.

    At the moment the People's part are at a distinct disadvantage. A poll puts them 14 percentage points below the challengers: 42 percent of Mongolians has declared Democrat, while only 28 expressed sympathy for former communists. In fact 70 years of communist rule in the country that proved disasterous for the economy weighs heavily: the center-right Democrats argue for low taxes and full support to industries and private businesses.

    In this sense, the June 28 elections are critical to the mining sector giants: foreign investment in the sector, which represents 62 percent of national GDP, came to 8 billion dollars last year alone

    The President Elbegdor, in an interview with the Financial Times, has expressed readiness to receive suggestions for improving the law on the control of the money coming in, but added that "we must avoid the risk of corruption due to the high circulation of money and the great interests at stake. " The mining companies also fear a period of uncertainty after the parliamentary elections in 2008 because the election without a clear winner set off protests in the capital.

    e-mail this to a friend Printable version










    See also

    23/10/2013 KOREA - MONGOLIA
    The strange alliance between Mongolia and North Korea goes on stage in Pyongyang
    Mongolian President Elbegdorj Tsakhiagiin is the first head of state to meet North Korea's young dictator Kim Jong-un. Bilateral relations and the employment of North Korean workers in Mongolian mines are on the table. Tokyo blocks a Mongolian company from buying the Japanese headquarters of North Korea's Workers' Party.

    14/01/2006 MONGOLIA
    Parliament withdraws confidence from government

    The crisis was set by the MPRP, which has half the seats in parliament and is getting ready to form a new government. The people are holding rallies against the crisis.



    23/05/2005 MONGOLIA
    Socialist win Mongolia presidential election


    27/06/2013 MONGOLIA
    More than half of Mongols vote Elbergordj into second term
    In government since 2009 , the driving force in economic growth, Elbergordji wins election. He will continue the fight against corruption and coordinate economic development.

    21/01/2016 13:36:00 MONGOLIA
    Wedged between Russia and China, Mongolia chooses Japan

    Mongolia works its way out of diplomatic isolation by declaring itself "perpetually neutral" to avoid many frictions in the region. Rejecting advances from Moscow and Beijing, it opts for cooperation with Tokyo and Berlin to expand its energy markets. At the same time, it plans to become a "steppe road" for Russian and Chinese trade to become a hub in Eurasian transit. Analysis, courtesy of the Jamestown Foundation.

     





    Editor's choices

    POLAND - CHINA - WYD
    Beijing's tricks and violence to stop Chinese youth from reaching WYD

    Vincenzo Faccioli Pintozzi

    The government yesterday blocked a group of 50 young pilgrims who had already boarded a plane bound for Krakow. Interrogated for hours by immigration, they were "admonished" and sent home with orders not to contact anyone abroad. Meanwhile, "young Chinese Catholics" hang around central World Youth Day locations in groups of five or six, with the task of spying on fellow countrymen. They work for cultural institutes or Chinese companies in Poland.


    ISLAM - EUROPE
    Fr Samir: Islamic terror in France and Germany a crisis of integration, but above all of politics

    Samir Khalil Samir

    The kidnapping and murder of a priest near Rouen (France) and the various attacks in Würzburg, Munich, Ansbach (Germany) were carried out by young people, who were indoctrinated with ease. Germany was a model for the integration of refugees. But radical Islam cannot be assimilated. It is supported by Saudi Arabia and Qatar. There is no other road other than integration. But we must tell the truth: the Koran contains elements of war and violence. Western politicians suffer from ignorance and a loss of all moral sentiment.


    AsiaNews IS ALSO A MONTHLY!

    AsiaNews monthly magazine (in Italian) is free.
     

    SUBSCRIBE NOW

    News feed

    Canale RSScanale RSS 

    Add to Google









     

    IRAN 2016 Banner

    2003 © All rights reserved - AsiaNews C.F. e P.Iva: 00889190153 - GLACOM®