Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Italy

Iran exports 31,000 tonnes of macaroni wheat to Italy

byCT Report
14/10/2017
in Italy
Share on FacebookShare on Twitter

 

ROME: Iran has exported 31,000 tonnes of quality durum wheat to Italy for the first time, in another sign that the country’s food security drive is on target.

You might also like

Italy must strengthen its capital markets: OECD

03/02/2020

Consumer morale rises unexpectedly in Germany, France, Italy

30/01/2020

Exports of one million tonnes of surplus wheat to the countries of the region and Europe are scheduled, Managing Director of the Government Trading Corporation of Iran (GTC) Yazdan Seif was quoted as saying Saturday. In the first six months since March, Iran exported 120,000 tonnes of wheat flour to Europe and the regional states, he said.

Iran has also signed a trilateral protocol with key wheat producers Russia and Kazakhstan through which the Islamic Republic’s exports of the strategic commodity will rise to 700,000 tonnes a year, Seif added. For years, Iran has been bartering locally-produced durum wheat with milling wheat. According to former GTC head Ali Qanbari, the country would be exporting 300,000 tonnes of durum wheat this year.

Durum or macaroni wheat, used in pasta-making, is the hardest of all wheats, which is widely cultivated across the world.

Wheat is one of the items in Iran’s production of basic commodities under the “economy of resistance” which promotes growth and dynamism under sanctions. The country exported its first consignment of wheat after many years this year. Iran’s wheat production has experienced a cycle of boom and bust. Largely self-sufficient in wheat a decade ago, the country had turned into one of the world’s biggest importers over the past few years.

Results from state purchases from Iranian wheat growers so far this year are also robust, and buys of 8.8 million tonnes have already been secured, according to officials. The country is also exploring overseas resources to ensure stable supplies of agricultural products for a rapidly urbanizing population in the face of the constraints of worsening land and water resources.

Related Stories

Italy must strengthen its capital markets: OECD

byadmin
03/02/2020

Italy must improve its capital markets to help underperforming companies access funding for investment and growth, while giving investors means...

Consumer morale rises unexpectedly in Germany, France, Italy

byadmin
30/01/2020

BERLIN/PARIS (Reuters) - Consumer morale in Germany, France and Italy rose unexpectedly at the start of the year, data showed...

Bank of Italy warns a number of the country’s smaller banks are at risk

byadmin
21/01/2020

ROME: A senior Bank of Italy official warned that a number of smaller banks, especially in the country’s disadvantaged south,...

Italy to cut 2020 GDP growth target to around 0.6% – sources

byadmin
30/12/2019

ROME: Italy will cut its target for economic growth next year to around 0.6%, three sources close to the matter...

Next Post

Indonesian police seized record 3.7 tons of controlled substances last year

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.