Iran, China sign deal to co-op in aquaculture
Baku, Azerbaijan, Sept. 25
By Fatih Karimov – Trend:
Iran and China signed two cooperation documents in fishery sector, the state-run IRINN TV reported Sept. 25.
Under the documents, which were signed by Iran’s agriculture minister, Mahmoud Hojjati and his Chinese counterpart Han Changfu in Tehran, China will make 20 billion Yuan( about $3 billion) investment in Iran’s aquaculture sector.
The agreements envisage investment for development of Iran’s fisheries industry in various sectors including fishing and aquaculture in cages, especially in the country’s southern and northern coasts.
Changfu said that the investment will be made in various fishery sectors, in particular docks, harbors and for preparing the infrastructures.
He expressed hope that Iran will provide suitable lands for Chinese investors to advance their objectives.
Changfu further said that China welcomes import of high quality agricultural products from Iran to diversify Chinese people food basket.
Iran’s fisheries output is estimated to be about one million tons a year, worth $350 million.
The country harvested more than 1.5 tons of caviar in its fish farms over the past Iranian year (ended March 20), indicating a 25-percent increase year-on-year.
With $1.7 million worth of exports, Iran’s caviar exports registered a 46-percent increase in terms of volume over the last year.
The Islamic Republic has exported over 13,000 tons of shrimp worth $56.7 million over the last Iranian calendar year.
Iran’s shrimp was exported to various countries, including the US and the United Arab Emirates (UAE).
Iran plans to export at least 80,000 tons of various types of seafood in the current Iranian calendar year.