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Sunday, 24 May 2009 - Mongolians cast ballots with mining wealth in sight | International |
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    Read more with google mobile : Mongolians cast ballots with mining wealth in sight | International |

      My Profile    Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > International > Article Home Business & Finance News U.S. Politics International Technology Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Mongolians cast ballots with mining wealth in sight Sun May 24, 2009 2:13am EDT   Email | Print | Share | Reprints | Single Page [-] Text [+] By Jason Subler ULAN BATOR (Reuters) - From remote grasslands to the heart of the capital, Mongolians cast their ballots on Sunday to elect a new president residents and investors hope will facilitate the country's efforts to tap its vast mineral wealth. The tight race between incumbent Nambariin Enkhbayar of the ruling Mongolian People's Revolutionary Party (MPRP) and opposition Democratic Party (DP) candidate Tsakhiagiin Elbegdorj is seen as a barometer of how soon the country will be able to reach a deal with foreign investors on a landmark mining deal. Any repeat of the type of unrest and ensuing legal struggles that followed last year's parliamentary elections, in which five died, could postpone approval of a draft investment agreement on developing the pivotal Oyu Tolgoi copper and gold project. "It's a beautiful day today, and I hope it's also going to be a very good election. I firmly believe in the bright future of our people and the prosperity of our country," Enkhbayar said after voting in a university gymnasium in the capital Ulan Bator. Coming at a time when the young Central Asian democracy has been hit hard by falling mineral prices, the election pits Enkhbayar's pledge to beef up the rule of law against Elbegdorj's promises of change and fighting corruption. Both are dangling payouts from mining revenues and further help for students. "The most important thing the new president needs to do is develop the country, to pull us out of poverty," said Davaadorjiin Suvdaa, a 56-year-old retired worker. A win by Elbegdorj could complicate policy making on mining, given his track record of anti-foreign and populist inclinations, analysts say. Voters turned out in droves in the capital, many dressed in traditional long silk cloaks known as deels, in a sign of their respect for the largely ceremonial head of state and symbol of national unity. Polling stations close at 10 p.m. (10:00 a.m. EDT) and the latest survey put the two parties in a statistical tie. A result could be known later on Sunday or early Monday but it also could take several days if it is a tight race. SEEKING STABILITY In the country's vast windswept grasslands, many nomadic herders traveled dozens of kilometers on horseback and motorbike to the nearest polling stations. "Stability is the most important thing to me," said Sandagyn Bayarmaa, 46, who lives with her husband in a round felt tent and herds goats and sheep like much of the population. The countryside is the traditional base of support for the MPRP, the reincarnation of the party that ran Mongolia as a Soviet satellite through much of the last century, while Elbegdorj draws largely on urban voters. Exit polls are banned, but if voter turnout is high, meaning around 80 percent, that will probably bode well for challenger Elbegdorj, said Luvsandendev Sumati, director of the Sant Maral Foundation, a group that does polling and surveys. "What might change the election outcome is only feet," Sumati said. "The MPRP and their candidates were always better organized so their supporters are voting in an organized manner. But Democratic Party supporters, they are rather those who think, 'Well, should I go or not?'"  Continued... View article on single page   Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn     Next Article: Israeli government too extreme to make peace: Syria's Assad     Afghanistan and Pakistan Fighting the Taliban A growing insurgency in Afghanistan is also spreading deep into Pakistan, making both countries crucial to U.S. war efforts in the region.   Full Coverage  More International News Pakistani troops fight Taliban in Swat's main town South Korea plans public funeral for ex-leader Roh   |  Video India likely to move on U.S. military pact Brazil plane crash kills 14, including children U.N.'s Ban says Sri Lanka needs help for refugees   |  Video More International News... Featured Broker sponsored link Editor's Choice Slideshow  A selection of our best photos from the past 24 hours.   Slideshow  Most Popular on Reuters Articles Video Caribbean states assail U.S. over deportations Queen pondering "Idol's" Lambert as frontman GM bondholders dig in, gird for bankruptcy South Korea plans public funeral for ex-leader Roh  |  Video Price worries again threaten world food outlook Unhappy ending in Cannes, best film hard to call  |  Video Fed's Kohn says rates likely to stay low for some time Palm Prematurely Coming Up Short Iran says powers agree to nuclear talks after vote U.S. retailers running out of room to cut costs Most Popular Articles RSS Feed Video  Freed journalist arrives in U.S. S.Korea's Roh 'jumps to his death' Australia widens evacuation zone Rohingyas seek refuge in Bangladesh Ban Ki-moon in Sri Lanka plea Mexican tourism devastated WHO predicts 'swine flu' will worsen Protest over Suu Kyi Myanmar trial Obama signs credit card reform bill GM prepares for bankruptcy Most Popular Videos RSS Feed The Great Debate The wrong side of history Bernd Debusmann President Obama and his Secretary of State, Hillary Clinton, lean towards pragmatism over ideology and principle, closer in foreign policy outlook to Richard Nixon and Henry Kissinger than to George W. Bush and Condoleezza Rice.  Commentary  Follow Bernd Debusmann on Twitter We want to hear from you Join the Reuters Consumer Insight Panel and help us get to know you better Please take a moment to complete our survey Reuters.com:  Help and Contact Us  |  Advertise With Us  |  Mobile  |  Newsletters  |  RSS  |  Labs  |  Archive  |  Site Index  |  Video Index Thomson Reuters Corporate:  Copyright  |  Disclaimer  |  Privacy  |  Professional Products  |  Professional Products Support  |  About Thomson Reuters  |  Careers   International Editions: Africa  |  Arabic  |  Argentina  |  Brazil  |  Canada  |  China  |  France  |  Germany  |  India  |  Italy  |  Japan  |  Latin America  |  Mexico  |  Russia  |  Spain  |  United Kingdom  |  United States   Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. 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