9788
Saffron News
Economy, Domestic Economy

Saffron News

Up to 190 metric tons of saffron have been produced in the current Iranian year (ending March 20) and the export level has increased by 22 percent, Secretary of National Saffron Council Farshid Manouchehri has told IRNA. The production level has decreased about 30 percent, since last year when 200 tons of saffron was produced, he said. Over 83 thousand hectares of farm land is currently under saffron farming, he added. Manouchehri had previously called on the government to establish a so-called national saffron development fund to help organize the saffron market, regulate price fluctuations and promote exports. The fund would provide loans for exporters and enables them to directly purchase the product from the farmers. This would support both producers and exporters.

Short URL : http://goo.gl/aUqigw

You can also read ...

CBI, Capital Market Agree to Control  Gold Coin Bull Run
As gold coin prices are skyrocketing, the Central Bank of Iran...
Xiaomi’s Hong Kong IPO
Xiaomi, one of the world’s leading smartphone makers, is...
Top US Court Restricts Police on Cellphone Location Data
The US Supreme Court on Friday imposed limits on the ability...
Iran Explores Int’l Space Collaborations at UN Meeting
Officials with Iran Space Agency participated in the two-day...
Mohammad Javad Zarif (4th L) addressed representatives of Iran Chamber of Commerce, Industries, Mines and Agriculture on June 24. (Photo: Bahareh Taghiabadi )
Foreign Minister Mohammad Javad Zarif assured the business...
Experts believe the import ban would lead to a further rise in smuggling and market disruption.
The government has banned the import of 1,339 commodities...
$1.5b in Tax Evasion Identified From Bank Accounts
About 63 trillion rials ($1.49 billion) worth of unpaid tax...
TEDPIX Breaks Above 112,000 to Notch New High
Tehran Stock Exchange’s main index gained 2,659.33 points or 2...

Trending

Googleplus