Agriculture Ministry Urges Iranians Living Abroad to Invest in Extraterritorial Cultivation

The project commissioner of extraterritorial agriculture at Iran’s Ministry of Agriculture called on Iranian real and legal entities living in other countries to invest in extraterritorial cultivation.

News ID: ۸۴۲۹۲۵

19 May 2024

EghtesadOnline: Identifying agricultural talents, obtaining comprehensive legal information, international trade, providing the possibility of using databanks, providing proper incentive plans to support Iranians who are willing to carry out extraterritorial agriculture, and strengthening direct contact with Iranians living abroad will help boost extraterritorial agriculture and sustainable food security, Reza Fotouhi said, ISNA reported.

Receiving Foreign Direct Investment (FDI) for the development of the agricultural sector is the main advantage of carrying out foreign investment in the field of agriculture for the host countries which will increase the production of food products, reduce poverty, and transfer of technical know-how and experience to these countries, the adviser to the minister of agriculture stated. / Tasnim