11/04/2015

Iran says lifting sanctions could cut wheat import cost by 30 pct

Iran's state grain buying agency, the Government Trading Corporation (GTC), lifting sanctions would help bring the cost of imported wheat down by as much as 30 percent. In an interview with Reuters on the sidelines of the 26th Annual IAOM Mideast and Africa Conference in Dubai, deputy agriculture minister Ali Ghanbari said the fall in cost would largely be due to the lifting of sanctions imposed on the Islamic Republic of Iran Shipping Lines (IRISL Group).