Economy, Domestic Economy

Plan to Boost Export of Medicinal Herbs

Plan to Boost Export of Medicinal HerbsPlan to Boost Export of Medicinal Herbs

Plans are underway to establish five medicinal herbs export terminals in Iran, says an official with the Ministry of Agriculture.

“The first export terminal is under construction in Fars Province with a 20% progress so far,” Peyman Yousefi-Azar was quoted as saying by IRNA, adding that this project would be completed within two years. According to Yousefi-Azar, medicinal herbs have had an important role in the world economy for 20 years, turning into a major industry.  Currently, Germany and the UAE are main export destinations of Iran’s medicinal plants.

Iran is home to 1,728 endemic medicinal plants, twice as many as all of Europe. In the last Iranian year (March 2016-17), Iran’s export of medicinal herbs stood at $91.1 million.

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