Domestic Farmers Sell 80,000 Tons of Tea
Economy, Domestic Economy

Domestic Farmers Sell 80,000 Tons of Tea

Since the beginning of the harvest season two months ago, some 80,000 tons of fresh tea leaves have been purchased from local farmers by the government, the head of Iran Tea Organization said. “It is estimated that 110,000 to 115,000 tons will be produced this (Iranian) year (March 2016-17), indicating a 40% increase compared to last year,” ISNA also quoted Mohammad Vali Rouzbehan as saying. The official noted that the rise in production this year owes to favorable climate and high precipitation, in addition to banking facilities granted by the government to tea farmers. The government buys tea from local farmers at guaranteed prices to build up its strategic reserves and control prices in the domestic market.

Short URL : http://goo.gl/qFB12Q
  1. http://goo.gl/lxh5GP
  • http://goo.gl/YmKPNU
  • http://goo.gl/DV5RH4
  • http://goo.gl/GRzj0J
  • http://goo.gl/chTi5q

You can also read ...

Tehran Stocks Make Record Gains to Stand at All-Time Highs
Bulls are on parade in Tehran's equity market, and they are...
Aside from European countries, 70-75% of other countries are using EASA standards and regulations.
Plans are underway to update and implement new rules and...
People walk by the Paris branch of Bank Saderat Iran.
Bank Saderat Iran, which boasts the most expansive overseas...
Venture Capital Funds Essential to Startup Growth
Praising venture capital funds, Iran's Vice President for...
Gold Coin Bullish Despite Massive Supply
Despite several schemes by the Central Bank of Iran to satisfy...
Freak Plunge in Nintendo's Stock
Nintendo has been red hot for the past few years, but...
Iran’s Share in Global Sheepskin Exports at 5%
Iran has a share of 5% in global sheepskin exports and a 1%...
Tech Titans Trying to Kill Calif. Privacy Initiative
As data-sharing scandals continue to mount, a new proposal in...