Iran boosts Mongolia ties

Iran has been steadily increasing its ties with Mongolia and 2010 was a year of increased Iranian overtures toward Ulaanbaatar. In another manifestation of how democratic Mongolia and Iran are looking towards substantially developing their economic ties, it was announced in early December 2010 that a new Mongolian-Iranian joint venture entitled Bayan Meat, Ltd, had signed a sheep meat export contract with Mongolia's largest meat slaughterhouse, Mahimpex of Ulaanbaatar.

Mahimpex is owned by Jenco, whose wealthy president, Khaltmaa Battulga, has been the Mongolian Minister for Road, Transport, Construction and Urban Development of Mongolia since 2008.

In January 2010, an Iranian direct charter plane flew out 75 tonnes