Economy, Domestic Economy
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Ban on Wheat Import to Stay

Ban on Wheat Import to StayBan on Wheat Import to Stay

The ban on wheat imports would remain up until the end of the current Iranian year (March 20, 2017), says a deputy agriculture minister.

“Orders registered last year might be shipped into the country but we won’t need further imports, thanks to sufficient domestic production and reserves,” ISNA quoted Ali Akbar Mehrfard as saying.

Iran imported 3.31 million tons of wheat worth $885.9 million from 29 countries last year.  

According to another deputy agriculture minister, Ali Qanbari, production of the staple food is predicted to reach about 13 million tons this year.

Financialtribune.com