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Iran to cultivate sugarcane in Iraq

Business Materials 21 May 2018 10:01 (UTC +04:00)

Tehran, Iran, May 21

By Kamyar Eghbalnejad - Trend:

Iran plans to grow sugarcane in an area of 20,000 hectares in the southeastern Iraqi province of Maysan.

During a meeting in the southwestern Iranian city of Ahvaz, Khuzestan province, on May 20, Iranian and Iraqi agricultural officials signed an agreement under which an Iranian company will cultivate sugarcane Maysan, which shares border with Khuzestan, IRNA news agency reported.

“The Iraqi government plans to implement the sugarcane cultivation plan in Maysan in cooperation with Iran,” the Iraqi official said at the meeting.

He added that Iraq would improve its agricultural infrastructure with the help of Iran.

Iran was the third biggest trading partner of Iraq in 2016.

According to Iran, food exports constituted 19 percent of Iran’s non-oil exports to Iraq in the past three years followed by agro products (15 percent), chemical products (15 percent), energy products (11 percent), construction materials (10 percent), machinery and vehicles (5 percent), home appliances (4 percent), textiles (3 percent) and other products (18 percent).

According to Iran’s commercial attaché to Iraq, Nasser Behzad, Iran exported 10 million tons of goods worth over $5 billion to Iraq during the 10 months ending Jan. 20, indicating a 2 percent increase compared with last year’s corresponding period.

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