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IRAN - Government lifts ban on export of fish feed and fishmeal

Iran has removed its ban on the export of fish feed. Earlier in July, the Iranian government banned the export of 18 agricultural products including fishmeal, fish feed, and additives for fish feed \"until further notice.\" The decision came as a move to save foreign currency after the Iranian rial plunged to a record low against the US dollar after President Donald Trump withdrew from the nuclear deal with Tehran. Prior to the ban, Iran was exporting some 15,000 tons of fish feed annually at a value of $1-1.2 per each kilogram.

September 6, 2018

Iran has removed ban on export of fish feed, Mahmoud Bazari, director of the Trade Promotion Organization’s Exports Bureau, said.

The press office of the Trade Promotion Organization (TPO) quoted Bazari as saying that the decision was made after several meetings of governmental and private sector organizations of the fishery sector.

He added that based on the new decree the export of fish feed will be possible after receiving the approval of the country’s Fisheries Organization.

Earlier in July the Iranian government banned the export of 18 agricultural products \"until further notice.\"

These items included corn, wheat, flour, barley, oat, oilseeds, unprocessed oil, palm oil, alfalfa, straw and wheat straw, fish meal, bran, soybean meal, press cakes, fish feed, additives for fish feed, rye and sorghum.

The move came after the Iranian minister of industry, mine and trade on June 20 banned the import of 1,339 commodities categorized as \"non-essential goods with domestic counterparts\".

The decisions came as a move to save foreign currency, after the Iranian rial plunged to a record low against the US dollar on the unofficial market after President Donald Trump in May withdrew from the nuclear deal with Tehran.

Earlier, Arash Nabizadeh, the managing director of Cold Water Fish Farmers of Iran said that the Islamic Republic was exporting some 15,000 tons of fish feed annually at a value of $1-1.2 per each kilogram.

Source: AzerNews // Original Article 

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