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First Water Market Planned in Khorasan

Geological studies warn that shortages of the natural resource in Iran are worsening despite being home to a network of rivers, most of which originate in the rugged mountain regions and flow into interior basins
First Water Market Planned in Khorasan
First Water Market Planned in Khorasan

The first water market pilot scheme in Iran is planned in some regions, namely Khorasan Razavi Province, in summer and will be expanded if the results are positive, director of the National Water and Wastewater Engineering Company of Iran (Abfa) said.
“Setting up water markets where buyers and sellers trade water rights through short- and long-term leases will help better manage surface and ground resources that are dwindling rapidly,” Qassem Taqizadeh Khamesi was quoted as saying by ILNA.
This system permits farmers to buy and sell water that can be within catchments, between catchments or along rivers depending on actual need. Water trading has become a vital business tool for farmers in many countries such as Spain, Australia and the US, he said.

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