TEHRAN, Iran, May 9. Iran's private sector has imported 80,000 tons of vegetable oil since the beginning of the current Iranian year (started March 21, 2022), said the chairman of the Iranian Vegetable Oil Industry Association Abolhassan Khalili, Trend reports citing IRNA.
"The private sector needs the government support to assign official foreign exchange rate to importers," he said.
He pointed out that the Government Trading Corporation of Iran is responsible for the import and distribution of vegetable oil while the private sector will have the necessary cooperation.
He went on to say that the vegetable oil price will not increase for consumers and the government will support the producers.
Iran has produced 2.3 million tons of vegetable oil in the last Iranian year (started March 21, 2021) had a 20 percent increase compared to 2020.