A water market will be piloted in Qazvin Province in the summer, which will be expanded if the results are encouraging, managing director of the provincial regional water company said.
“The establishment of the market where buyers and sellers trade water rights through short- and long-term leases is aimed at curtailing the withdrawal of groundwater resources that are dwindling rapidly in the Qazvin Plain,” Mansour Sotoudeh was also quoted as saying by the Energy Ministry’s news service Paven.
A similar initiative will also be carried out in Khorasan Razavi and Yazd provinces, he added, noting that such a market will help farmers buy and sell water within and between catchments, or along rivers, depending on their need.
Water trading has become a vital business tool for farmers in many countries, such as Spain, Australia and the US.
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