Oyu Tolgoi LLC signed a Cooperation Agreement with its partner communities – composed of the Umnugobi aimag, and the Khanbogd, Manlai, Bayan-Ovoo and Dalanzadgad soums on April 22, 2015.

The agreement sets out how the parties will work together towards sustainable development in important areas such as water, environment, pastureland management, cultural heritage, tourism, local business development and procurement.

The main goal of the agreement is to provide a strong governance structure for Oyu Tolgoi and local communities to achieve more effective cooperation and address mutual obligations.

Under the agreement, Oyu Tolgoi will make a contribution of US$5 million every year to a Development Support Fund (DSF) – administered jointly between Oyu Tolgoi and the Community – for community programmes and projects in the Umnugobi aimag.

        The Cooperation Agreement is publicly disclosed.