PRIME MIN­IS­TER PROM­ISES TO CLEAN UP LAND TRADE AND MIN­ING LICENSES

The UB Post - - BUSINESS & ECONOMICS - By B.CHINTUSHIG

Prime Min­is­ter U.Khurel­sukh said his Cab­i­net will be ac­tively fight­ing the in­jus­tice and cor­rup­tion that has af­fected land trade and the is­suance of re­source licenses dur­ing dis­cus­sions about the 2018 state bud­get in Par­lia­ment.

The Prime Min­is­ter un­der­lined how in­jus­tice in these two is­sues has caused re­sent­ment and out­cry from the Mon­go­lian peo­ple. He called on Par­lia­ment to end the chaotic sys­tem that has taken place in land trade and re­source licenses.

“The cur­rent sys­tem ba­si­cally gives away land and min­ing licenses to only a few com­pa­nies and in­di­vid­u­als, who own them by the hun­dreds. Those com­pa­nies and in­di­vid­u­als sell their licenses and land through loop­holes such as trans­fer­ring and gift­ing, which al­low them to avoid pay­ing taxes. Cab­i­net will be fo­cus­ing on stop­ping this sys­tem,” U.Khurel­sukh said.

By re­form­ing re­lated leg­is­la­ture, a more trans­par­ent and open sys­tem which sells land to busi­nesses and in­di­vid­u­als through auc­tions will be cre­ated, Cab­i­net be­lieves. Ac­cord­ing to the Prime Min­is­ter, Cab­i­net is in the process of draft­ing a bill reg­u­lat­ing land trade and re­source licenses, which will help in­crease rev­enue to the state bud­get by 36 bil­lion MNT by 2018.

The new bill be­ing drafted by Cab­i­net in­cludes im­prove­ments to the reg­is­tra­tion sys­tem for keep­ing track of land own­ers, prof­its from land, and trans­ac­tions and trans­fers. Through this, Cab­i­net will im­pose taxes on trans­ac­tions of land or re­source licenses. Fail­ure to regis­ter and at­tempt to hide ac­tiv­i­ties will re­sult in the re­vo­ca­tion of land or re­source licenses.

Due to the num­ber of for­mal com­plaints from busi­nesses and in­di­vid­ual to the Min­istry of Min­ing re­gard­ing min­ing licenses, Min­is­ter of Min­ing D.Su­miyabazar sus­pended the is­suance of min­ing ex­plo­ration licenses as his first ma­jor move since be­ing ap­pointed.

As of 2017, there are 1,596 min­ing op­er­a­tion licenses, 1,880 ex­plo­ration licenses, and 3,476 licenses in to­tal.

Prime Min­is­ter U.Khurel­sukh has stated his Cab­i­net will in­ten­sify ef­forts to com­bat in­jus­tice and cor­rup­tion in

land trade and re­source li­cens­ing

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