Chapter 710: Basically Open Bribery

Fan Wubing stayed in the yurt for one night, and the next day he led a large group of people to Ulaanbaatar to meet with Mongolian government officials and Russian officials who came to act as intermediaries.

Members of the Presidium of the Great Khural of Mongolia and the head of the Ministry of Mineral Resources personally came to the scene, and in order to facilitate the work, the Russian side specially sent several officials from the Prime Minister's Office to come, which also showed that Russia strongly supported Fan Wubing to enter the Mongolian mineral resources market.

In fact, what Fan Wubing needed was just an attitude problem, because Mongolia had a repulsive mentality towards Chinese investors. Although his company was registered overseas, it was hard to guarantee that they would not deliberately make things difficult because most of the people in his company were Chinese, which would affect his work efficiency.

Now that there was pressure from Russia, and he could also influence China's export of resources to Mongolia, he believed that they would become much more honest. Besides, didn't he still have a lot of money to clear the knot?

Russians basically did not participate in the negotiations between Fan Wubing and the Mongolians. They were just introducers, but the negotiations between Fan Wubing and the Mongolians were real.

In order to speed up the development and utilization of mineral resources and strengthen management and coordination, the current Mongolian government has set up a Geological and Mineral Resources Policy Coordination Bureau in the Ministry of Industry and Trade, which is mainly responsible for the formulation, supervision and implementation of policies and regulations on the development and utilization of mineral resources, as well as related coordination work. At the same time, the ministry also has a government executive agency, the Mineral Management Bureau, which is responsible for the specific organization and implementation of the exploration and development of Mongolia's mineral resources. The exploration and development licenses of mineral resource projects are issued by the bureau.

In order to attract domestic and foreign funds to develop and utilize mineral resources as soon as possible, in 1997, the Mongolian State Great Khural passed the first "Mineral Resources Law" and revised and improved it. According to the law, Mongolian citizens, foreign citizens, and legal persons have the right to obtain exploration licenses, and have the right to transfer or mortgage the licenses in whole or in part to others.

The validity period of an exploration license is three years, and it can be extended twice, each time for two years. The area of ​​the exploration site approved by a license shall not be less than 25 hectares and not more than 400,000 hectares.

Legal persons established and conducting business in accordance with the laws and regulations of Mongolia have the right to obtain development licenses, and have the right to transfer or mortgage the licenses in whole or in part to others. The validity period of the exploration license is sixty years and can be extended for forty years at a time.

A license can only be sold to one legal person. When multiple legal persons apply for the same license, the first legal person who applies will be given priority in the order of application. When the license holder transfers the license to others, he must go to the Mineral Administration Bureau to go through the formal transfer procedures.

The exploration license is charged according to the exploration site per hectare, which is five cents in the first year, ten cents in the second and third years, one dollar in the fourth and fifth years, and one and a half dollars in the sixth and seventh years. After the applicant pays the first year's fee for the exploration license,

the geological and mining registration authorities will issue a three-year exploration license within three working days.

The holder of the exploration license is charged according to the mining area per hectare, which is five dollars per year in the first three years, seven and a half dollars per year in the fourth and fifth years, and ten dollars per year starting from the sixth year.

In addition, the Mongolian government has environmental regulations for mineral resource developers. Developers must submit environmental impact assessments and environmental protection plans to the central state agency in charge of environmental issues and the chief executives of relevant provinces and counties. Before obtaining written approval from the relevant environmental protection departments, it is prohibited to start exploration and development activities, and the original landforms of the mined mining areas must be restored.

In order to ensure that the license holder fully fulfills its obligations in environmental protection, it is required to use funds equivalent to 50% of the annual budget required for the implementation of environmental protection measures as collateral, which must be transferred to a special account before the project is implemented.

Fan Wubing's subordinates, who are not professionals who have studied the development of mineral resources in various countries, immediately had a tit-for-tat discussion on these conditions of Mongolia. The two sides can be said to be arguing with each other and often quarreling over a problem.

As for the various tax collection standards proposed by Mongolia, such as income tax, mineral resource development fees, land use fees, water resource use fees, and recovery of the initial exploration fees invested by the state, Fan Wubing's experts also had great opinions. They all said that they were big customers and such harsh conditions were really unacceptable. After all, compared with the internationally accepted standards, Mongolia's standards are simply blocking its own investment promotion channels.

"We also have some preferential policies." The officials of the Ministry of Mineral Resources probably rarely come into contact with such a professional team. The last time they dealt with the Canadians, it was the Russians who came forward to help negotiate, and they did not put in much effort.

But this time the Russians stood by and watched, obviously in the position of a middleman, and it was not appropriate for them to say anything, which made the officials of the Mongolian Ministry of Resources feel a little bit frustrated, after all, these things are really too troublesome.

Mongolia does have quite a few so-called preferential policies. For example, the machinery and equipment needed for mineral exploration and development are exempt from import tariffs, and their exported products are exempt from value-added tax and export tariffs. For enterprises developing mineral resources, if their investment in projects reaches more than 2 million US dollars in the first five years, in order to ensure that taxation and other aspects during the operation period are not affected by policy changes, they can request to sign a stable operation contract with the Minister of Finance, which will exempt them from income tax for three to five years after signing.

With the approval of the Mongolian government, the post fees charged to foreign technical and management personnel can also be exempted. According to the "Law on Export and Import of Labor and Experts" currently implemented in Mongolia, enterprises that employ foreign technical or management personnel must pay a post fee of twice the Mongolian statutory minimum wage standard to the Mongolian labor department for each foreign technical and management personnel every month, which is about 400 yuan per person. This money can be saved.

However, these are ordinary minerals. For gold mines, Mongolia is still very strict, with high taxes and fees, and is unwilling to reduce prices.

"Our investment amount is very large--" Fan Wubing was a little impatient when he saw that he had not come to an agreement after a whole day of discussion.

Others don't know how much benefit he is seeking, but he knows it very well. There is no need to argue so much about the current things. It is still very beneficial to give them a little sweetness appropriately.

So Fan Wubing said to the officials of the Ministry of Mines, "Our initial investment is about 1 billion US dollars, and if the policy is favorable, we can add more."

When the officials of the Ministry of Mines heard this topic, their eyes immediately turned green. In the past few years, the total investment of foreigners in Mongolia was less than 100 million US dollars, and Fan Investment Group was going to invest 1 billion US dollars in advance!

What is this concept? ! Mongolia has a total population of only two million, and 1 billion US dollars is equivalent to an average of 500 US dollars per person! The annual income of all Mongolians is not that much!

For such a large investment, how much land do you need to enclose? The minds of the officials of the Ministry of Mines immediately became active, secretly calculating how much extra income they could get from this business?

In the evening, Fan Wubing said that he would host a banquet for the officials of the Ministry of Mines and Russian friends, and the venue was in the embassy.

When it was time for dinner, there were about 20 Mongolian officials in total, including the main officials of the Ministry of Mines, and several important members of the Presidium of the Great Khural.

The ambassador met with Fan Wubing in advance and introduced him to the current situation in Mongolia and the main government officials. He said that the Mongolian government is extremely corrupt now, even more corrupt than Russia in its most chaotic period. Investors rarely get the land and licenses they want without bribing them.

Fan Wubing smiled and replied that he was not afraid of them taking money, but he was afraid that they would not take money. He took money from others to help them get rid of disasters. As long as he took my money, he would have to do things for me obediently.

The current policy of opening up mineral resources in Mongolia is actually not too harsh, because the international mineral resource market has not risen yet, and the opening foundation here is not good, so the market is very low, but no one needs to worry about making more money for themselves, right? It is the best to be able to lower the price as much as possible.

There was nothing special about the meal, but the huge red envelope that Fan Wubing handed out after the meal made these officials feel what it means to be rich and powerful. More than 20 people received a commercial bribe of 20 million US dollars from Fan Wubing.

This is a very straightforward bribe, all in cash.

Fan Wubing said to everyone, "What I want is the most favorable policy. As long as you can pay, these are all yours. In the future, we will work according to the contract and no one will ask for money from anyone."

Everyone's eyes were full of the color of US dollars. An average bribe of one million US dollars per person is nothing more than selling out a little national interest. Such a simple thing is just a piece of cake!

And Fan Wubing said very clearly that not asking for money means a one-time deal. If this matter is settled, even if you resign and go abroad, you will have a lot to do. As long as you have money in your hands, do you still have to worry about living in other places not as good as Mongolia?

Damn! Except that beef and mutton are a little more delicious, what's so good about Mongolia! ?

Even if you go to Russia, life will be much better than staying in Mongolia, right? When thinking of this problem, this group of more than 20 officials from the Ministry of Mines and the Great Khural immediately shouted with red eyes, "Done!"