GTC to Import 300,000 Tons of Oilseeds

The Market Regulation Headquarters has approved the import of 300,000 tons of oilseeds by Government Trading Corporation of Iran to support local oilseed processing factories. 
According to Mohammad Jafari, the head of Iran Vegetable Oil Extraction Industry Association, the imported oilseeds will be distributed among processing factories across the country; the first shipment is expected to arrive in summer. 
The capacity of Iran’s oilseed processing factories stands at 5.4 million tons per year.