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Recent Posts
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- Guest Post: Mongolian Hoops Dreams — Creation of Soft Power Through Basketball September 17, 2024
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- How Unfortunate: Putin Visits Mongolia August 30, 2024
- More on Oyun-Erdene’s Cabinet August 29, 2024
- Guest Comment: Mongolia’s Democratic Party Gambit into Government August 20, 2024
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- Guest Post: Mongolian Participation in the Paris 2024 Olympic Games August 13, 2024
- Guest Post: A free but not a Fair Election: It Was All About Money August 12, 2024
- Observing Election Day: Bulgan and Orkhon Aimags August 5, 2024
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Category Archives: International Agreements
Guest Post: Understanding the Challenges of Water Development and Hydropower Plant Projects
By BOLORMAA Purevjav A “National Program for renewable energy 2005-2020” of Mongolia was adopted in 2005 planning the development of feasibility studies for the construction of large hydropower plants on the Selenge, Eg and Orkhon rivers. The Government of Mongolia … Continue reading
A More Constructive Longterm Interaction Between Rio Tinto and Mongolia
By Julian Dierkes In a previous post, I gave my sense of where the re-negotiations regarding the OT Agreement are heading and how I see this as a step in a repeating cycle. I have also pointed to a quest … Continue reading
Posted in Education, EITI, International Agreements, JD Democratization, Mining, Mining Governance, Oyu Tolgoi, Oyu Tolgoi, Politics, Public Policy
Tagged Julian Dierkes
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2021 Oyu Tolgoi Negotiations
By Julian Dierkes How can I resist the following challenge? So what do you think is the key to resolving the OT situation? MPP controls government, so clearly decisions can be taken. What about Rio’s behaviour? Is GOM being unfair? … Continue reading
Fragmented Power
By Julian Dierkes A recent article in The Economist compares political contestation around the Kumtor mine in Kyrgyzstan and Oyu Tolgoi in Mongolia. There a number of aspects to that comparison that make it very interesting: Democratization: Kyrgyzstan has – … Continue reading
Guest Post: A BIT of Project Finance Arbitrage in Mongolia
By Kinnari Bhatt As Jennifer Lander observed last week, RIO is getting out the big guns. My new book – Concessionaires, Financiers and Communities: Implementing Indigenous Peoples’ Rights to Land in Transnational Development Projects, shows how investors like RIO use … Continue reading
Guest Post: Between a Rock and a Hard Place: Investor-State Arbitration and Mongolia’s Rapidly Shrinking Policy Space
By Jennifer Lander On the 20th of February, Rio Tinto initiated arbitration proceedings against the Government of Mongolia at the United Nations Commission on International Trade Law (UNCITRAL) through Oyu Tolgoi LLC. The escalation of the dispute over the alleged … Continue reading
Rio Tinto in Mongolia
By Julian Dierkes Recently, Bulgan B and I pointed out that there have been as many CEOs at Oyu Tolgoi over the past ten years as there have been PMs of Mongolia. I also appeared on a live BBC radio … Continue reading
Posted in Foreign Investment, International Agreements, Mining, Mining, Mining Governance, Nationalism, Oyu Tolgoi, Policy
Tagged Julian Dierkes
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Implications of Power Politics for OT and Elsewhere “Offshore”
By Marissa Smith About a week ago, Mendee and I agreed to write a pair of blog posts on the question of how OT and the current wave of corruption investigations and arrests, most recently involving former Prime Ministers Ch. … Continue reading
Guest Post: A quick reaction to the on-going Facebook conversations on Oyu Tolgoi agreement and the role of Mr Bayartsogt in signing it
By Undariya Tumursukh The news that the Swiss are investigating the possible corruption case involving the former Finance Minister S. Bayartsogt (DP) and Rio Tinto has triggered some agitated discussion, including on Facebook, about Mr. Bayartsogt’s central role in concluding … Continue reading
SOMO Report “Mining Taxes”
By Julian Dierkes The Dutch Centre for Research on Multinational Corporations (SOMO) published a report focused on a whole list of issues related to financial and governance structures for the Oyu Tolgoi project. The report was written by SOMO’s Vincent Kiezebrink and … Continue reading
SOMO Report Preamble: Assumptions
By Julian Dierkes It struck me while reading the SOMO report on Oyu Tolgoi governance and tax structures that there are a number of big assumptions and elements in the Mongolian context that are not discussed explicitly, but that are … Continue reading
How Are We To Think About Rio’s Balancing of Political Risk and Taxation in Light of SOMO Report?
By Julian Dierkes Rio Tinto’s response to the SOMO report claims that the convoluted corporate structure that has been created for Oyu Tolgoi is not aimed at saving taxes, but rather at reducing investment risk. For as long as Rio … Continue reading
Posted in International Agreements, JD Mining Governance, Mining, Mining Governance, Oyu Tolgoi, Public Policy, Taxes
Tagged Julian Dierkes
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Unequal Match: Mongolia versus Rio Tinto
By Mendee Jargalsaikhan If one describes the bargaining game between Mongolia, a small and isolated resource-rich state, and Rio Tinto, a giant multinational corporation, through the Mongolian national pastime sport – wrestling, it is truly an unequal match between the … Continue reading
Guest Post: Agreement between Canada and Mongolia for the Promotion and Protection of Investments – a Glance at Its Nature, Significance and Features
By Bajar Scharaw On 8 September 2016, Canada and Mongolia signed an international Agreement for the Promotion and Protection of Investments (the Canada-Mongolia Investment Agreement). The Agreement entered into force on 24 February 2017 and created legally-binding obligations for both … Continue reading
Impacts of International Exchanges
By Julian Dierkes [With thanks to CIRDI’s Marie-Luise Ermisch for contributing some of these.] During the first workshop we co-organized with the Mongolian Ministry of Foreign Affairs’ International Cooperation Fund, a number of impacts arose in an incidental manner, but … Continue reading
Posted in CIRDI, Development, International Agreements, Kyrgyz Republic, Mining Governance
Tagged Julian Dierkes
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