Iran Revives Rural Cooperation Fund: Deputy Minister
Iranian Deputy Minister of Agriculture Jihad Hossein Shirzad said the country has revived rural cooperation fund as part of efforts to empower local producers and farmers.
Shirzad, who is also the CEO of the Central Organization of Rural Cooperative (CORC), said the revival of Iranian Rural Cooperation Fund came after repeated requests made by farmers and small scale producers in Iranian villages across the country.
He noted that the fund will provide members with financial support and will remove the obstacles encountering them by offering low interest facilities for procuring raw materials.
Shirzad added that the Iranian Rural Cooperative Fund was formed based on an old cabinet decision.
He announced that at the moment the fund has 2070 legal members including 2012 rural cooperative firms and covers 4 millions producers of agricultural and 58 unions of rural cooperative firms and under an investment fund of 152.315.100.000 rials.
He added that the fund is working within specific framework and owns 95 branches which are active in different Iranian provinces.
Pointing to reforms done on the statute of the fund, Shirzad said reforms are aimed at providing financial support for the producers throughout the chain of production and trade of agricultural products.
He underlined that the reforms have been approved by the fund general assembly.
source: Tasnim News Agency
Top News
Iran Alloy Steel Company intends to purchase 5740 MT of UHP graphite electrode through public tender
McEwen Copper seeks $2.5bn for Los Azules project in Argentina
RANKED: Top 20 automakers by EV battery metal spending
Diamond miners face turning point amid weak prices — report
Gold price set for worst month in over a year on Trump-driven selloff
Four Barrick Gold employees detained in Mali
WA lithium miners defiant as gov’t throws lifeline
Botswana Diamonds gets environmental nod for Thorny River
Top copper miner Chile gets back to pre-pandemic output levels
Portugal plans to hold delayed lithium tender in 2025
McEwen’s Los Azules copper project gets key environmental approval
Trump tariffs could reshape global copper landscape
Norway forced to pause Arctic seabed mining plans
Canada’s oil and gas drilling forecast to hit decade high in 2025 – report
Mining sector activity in October was highest in a year, S&P data shows
Iran Alloy Steel Company intends to purchase 5740 MT of UHP graphite electrode through public tender
Botswana Diamonds gets environmental nod for Thorny River
Contango ORE stock plummets as costs rise at Alaska gold mine
Top copper miner Chile gets back to pre-pandemic output levels
Iran Alloy Steel Company intends to purchase 5740 MT of UHP graphite electrode through public tender
Mining sector activity in October was highest in a year, S&P data shows
Portugal plans to hold delayed lithium tender in 2025
McEwen’s Los Azules copper project gets key environmental approval
Trump tariffs could reshape global copper landscape
Norway forced to pause Arctic seabed mining plans
Canada’s oil and gas drilling forecast to hit decade high in 2025 – report
Botswana Diamonds gets environmental nod for Thorny River
Contango ORE stock plummets as costs rise at Alaska gold mine