president.ir- The president welcomed development of Tehran- Ulaanbaatar relations in all areas, saying: �Tehran is ready to develop and strengthen its economic and trade relations with Mongolia, and all the existing capabilities and opportunities must be tapped to deepen relations�.

During a meeting with Mongolian President Khaltmaagiin Battulga on Sunday in China, Dr Hassan Rouhani said: �The development of economic relations is emphasised by us and in the interest of the two nations, and we encourage Iranian private sector and businessmen to participate in Mongolian development projects".

Pointing out the role of banking relations to strengthen economic cooperation, the president said: �Iranian investors are able to invest in animal husbandry in Mongolia�.

Dr Rouhani also emphasised the importance of developing relations between the two countries' public and private sectors.

The President of Mongolia described Iran-Mongolia relations developing and emphasised that his country is determined to strengthen its relations with Iran in all fields, especially economy.