Agro Deficit at $1.5b

Deputy Agriculture Minister Ali Akbar Mehrfard said trade deficit in the agriculture sector has narrowed by $220 million to stand at $1.5 billion in the first half of the current Iranian year (started March 20) compared with the same period of last year. “Iran produced about 115 million tons of agricultural commodities worth $76 billion in the last Iranian year (March 2015-16),” Ministry of Agricultural Jihad’s news portal quoted Mehrfard as saying.