Venezuela will provide Iran with a million hectares for growing soybeans, corn and other crops

Venezuela has agreed to provide Iran with 1 million hectares of agricultural land for food security projects, the London-based Iran International TV channel reports, citing the head of the Iranian Agrarian Association, Ali Rezvanizadeh. According to Rezvanizade, "Tehran will take advantage of Venezuela's 1 million hectares of farmland, which can provide good opportunities for Iran's overseas agricultural projects, including soybeans and corn." He noted that "Iran needs 7 million hectares of agricultural land abroad to ensure food security, but so far Tehran's investments in such projects have not reached large scales." The channel recalls that last month, during the visit of Venezuelan President Nicolas Maduro to Iran, Tehran and Caracas announced a 20-year plan for cooperation in the field of oil, oil refining, petrochemistry, as well as defense, tourism, culture and agriculture. At the same time, it is noted that the former chairman of the Iranian Chamber of Commerce, Masoud ...