42765
Saffron Exports Pick Up Post-Sanctions
Economy, Domestic Economy

Saffron Exports Pick Up Post-Sanctions

Saffron worth $15 million were exported from Iran during the first month of the current Iranian year (started March 20), registering a 10% surge compared with the similar period of a year before. This was announced by Gholamreza Miri, the deputy head of National Saffron Council, on Wednesday, Mehr News Agency reported. The removal of anti-Iran sanctions in January has paved the way for saffron traders to ramp up exports, which suffered a considerable decline last year.   The increase in exports also comes amid rising production. Deputy Agriculture Minister Mitra Majdzadeh said more than 350 tons of saffron were produced in the last Iranian year (March 2015-16), indicating a 25% increase compared with the previous year.  The area under saffron cultivation increased from 88,000 to 95,000 hectares. Iran is the world’s biggest saffron producer and accounts for more than 93% of the global production.

Short URL : http://goo.gl/lgZSTt
  1. http://goo.gl/kKEHhT
  • http://goo.gl/4Zcw4r
  • http://goo.gl/ZSKx6w
  • http://goo.gl/VTzpNr
  • http://goo.gl/E3V6kf

You can also read ...

Iran, Syria Mull Prospects of Economic, Trade Cooperation
Syrian Minister of Economy and Foreign Trade Mohammad Samer al...
Iran to Make Most of Eurasia Preferential Trade Agreement
Iran’s ambassador to Kazakhstan highlighted Tehran’s efforts...
Most French Firms ‘Won’t Be Able to Stay’ in Iran
Most French companies hoping to keep doing business in Iran...
Second Preparatory Meeting for ‘Sports Economy Conference’
Donya-e-Eqtesad Media Group played host to the second...
Google to Invest $550m  in China’s JD
Google is investing $550 million in cash in China’s JD.com Inc...
President Hassan Rouhani, flanked by Parliament Speaker Ali Larijani (R) and Judiciary Chief Ayatollah Sadeq Amoli Larijani, attended the meeting in Tehran on June 19.
The Supreme Council of Economic Coordination, a joint meeting...
Border Transit Rises 11% in 2 Months
More than 1.59 million tons of commodities were transited...
TSE Gauge Ends Tuesday Trade 1.89% Higher
Tehran's stock market bulls continued to lift up equities in a...

Trending

Googleplus