Mongolian-Kazakhstani mining cooperation to strengthen
Mongolia and Kazakhstan signed a Memorandum of Understanding to boost cooperation in geology, mining and civil aviation.
Mongolian-Kazakhstani mining cooperation to strengthen. Mongolia and Kazakhstan signed a Memorandum of Understanding to boost cooperation in geology, mining and civil aviation. The document was inked during the 7th meeting of the Intergovernmental Commission between Mongolia and Kazakhstan on Trade, Economic, Scientific and Technical Cooperation, which was held at the end of March in Astana, Kazakhstan, Mongolian Foreign Ministry said. A resolution of the 7th meeting of the Mongolia-Kazakhstan Intergovernmental Commission has reflected the issue of establishing gold refining plant in Mongolia, as well. Kazakhstan’s example on gold refining plant and other related information will be presented to the next Mongolian Cabinet meeting and decisions on investment, funding and location of the gold refining plant will be resolved. Moreover the Bank of Mongolia will resolve issues related to getting rights to sell the refined gold on global market. The two parties of the commission agreed that corresponding entities of Kazakhstan get permissions in August, 2018 and to run operations according to international standards. On mining industry cooperation, the two sides agreed to share information, experience and technology, and train professionals together.
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