Baku, Azerbaijan, Oct. 27
By Farhad Daneshvar – Trend:
Iranian Finance and Economic Affairs Minister Masoud Karbasian has expressed his country’s interest in agricultural cooperation with Azerbaijan.
“Iran has obtained proper experience and technology in agriculture sector, therefore the Islamic Republic is interested in cooperation with other countries, including Azerbaijan, in this regard,” Karbasian told Trend on October 27 in Baku.
Speaking about Iran’s annual imports of agriculture products, he said Iran could meet a part of its needs for agriculture products through growing and harvesting agricultural plants abroad.
He touched upon Iran’s agricultural experience in Ukraine, Kazakhstan and Brazil as well as South Africa, saying agricultural cooperation could play a major role in broadening trade ties.
Iranian and Azerbaijani officials in the meantime plan to launch a joint venture for producing agricultural machinery and equipment.
The Islamic Republic exported 5.8 million tons of agricultural products during the last fiscal year (ended March 20, 2017), 21.7 percent more year-on-year.
The exported agricultural products valued $5.686 billion, registering an increase by 3.61 percent compared to preceding year, according to Iran’s agriculture ministry.
Iranian agricultural exports shared 4.48 percent of the country’s total non-oil exports in terms of volume and 12.97 percent in terms of value.