41574
Gov’t Aims to Boost Colza Cultivation
Economy, Business And Markets

Gov’t Aims to Boost Colza Cultivation

About 3,000 billion rials ($87.03 million at market exchange rate) will be allocated for the cultivation of colza in the current Iranian year (March 2016-17), said an official with the Ministry of Agriculture. Alireza Mohajer added that the move is aimed at reducing the country’s reliance on imports of raw vegetable oils. “As we speak, 90% of the unprocessed vegetable oil and oilseed meal required in the country are supplied through imports, which have resulted in the outflow of billions of dollars every year,” IRNA quoted Mohajer as saying. On Saturday, the Agriculture Ministry announced that imports of unprocessed vegetable oil, as well as sugar and wheat, are temporarily permitted, provided they are processed inside the country for reexport.

Short URL : http://goo.gl/wt6Jme
  1. http://goo.gl/J7UO5c
  • http://goo.gl/IZDVyH
  • http://goo.gl/CStttv
  • http://goo.gl/8BndQG
  • http://goo.gl/sbxcQI

You can also read ...

Qatar, Oman Becoming Iran's New Trade Gateways
Iran is working to curb its trade ties with the UAE, replacing...
Connectivity Central to Iran-India Future Ties
Iranian President Hassan Rouhani’s recent state visit to India...
Nissan to Test Self-Driving Taxis
Nissan Motor Co is taking its first steps to becoming an...
Export Billet Prices Climb Amid Higher Offers, Transactions
Iranian export billet prices went up by $5-15 per ton on an...
Coated Steel Strip Production Jumps 42% in 10 Months
Iran’s coated steel strip output reached a record 1.26 million...
Renewed Efforts to Sideline US Dollar in Foreign Trade
Months after a meeting between Iran’s Leader Ayatollah Seyyed...
Rial Gaining Ground
Rial continued its gain against the US dollar in Tehran's...
Exports to Thailand, Indonesia See Biggest Rise
Iran’s exports to Thailand and Indonesia, crude oil excluded,...

Trending

Googleplus