Iran to cut oil seed imports by 50%

Business Materials 20 June 2019 09:46 (UTC +04:00)

Tehran, Iran, June19


Iran plans to reduce dependency on rapeseed oil imports by 50 percent by cultivating rapeseed in 400,000 hectares at north of the country, said deputy agriculture minister.

"Planting rapeseed can reduce dependency on imports and expand cultivation of oil seeds. Production volume of oil seeds, especially rapeseed, have increased more than three times during recent years," said Ali Akbar Morad, Trend reports citing Mehr News Agency.

"The country's dependency on oil seed import has been reduced by 15 percent at the moment. It has been predicted that around 450,000 tons of rapeseed will be cultivated in Iran during current Iranian year [started March 21,2019]," he added.

"A plan has been submitted to Ministry of Agriculture to plant rapeseed in three northern provinces of Gilan, Golestan and Mazandaran," he noted.

In his words, production of one million tons of rapeseed in a year will allow to cut imports by 50 percent.