Iran pays off arrears to farmers for domestic wheat crop as total purchases reach nearly 12 million mt.

Oil production increases in an Iranian oilfield where a domestic firm is in charge of development works.

Imports of cooking oil and oil seeds are responsible for 20% of all agricultural imports into Iran.

Iran plans to increase crop production form greenhouse farming to 10 million mt per year.

Experts believe Iran’s capacities are more than enough to generate economic prosperity. They cite the country’s manpower as well as its natural and geographical features which enable it to realize a boom in production.

Iran churned out 18.4 million mt of steel in January-July to become the world’s 10tyh largest supplier.

Iran’s footwear exports have reached up to $200 million in the past years thanks to increased PU output.

Some Iranian provinces have reported increases of up 100% in their wheat production this year.

Iranian smelters churned out nearly 0.17 million mt of aluminum in the June quarter.

Iran’s capacity for production of lithium batteries is expanding to help its electrification drive.