BAKU, Azerbaijan, September 20. Iran has issued loans worth 1.77 trillion rials (about $3.07 million) to tea farmers and factories in Iran since the beginning of the current Iranian year (March 21, 2025), Habib Jahansaz, the head of the Iran Tea Organization, told reporters, Trend reports.
Jahansaz noted that the loans were allocated by the Tea Development Support Fund as working capital. The loans are being provided to farmers and tea factories at a rate of 4 percent, he said.
The official also reported that since the start of the year, 88,800 tons of tea leaves valued at 19.3 trillion rials (about $33.5 million) have been purchased from farmers in Mazandaran and Gilan provinces under a guaranteed procurement scheme. So far, 14.8 trillion rials (about $25.7 million) have been paid to the farmers.
From the purchased tea leaves, around 20,000 tons of dry tea have been produced.
One kilogram of first-grade tea leaves is being purchased at 245,000 rials (around $0.42) in the current Iranian year (from March 21, 2025, through March 20, 2026), while one kilogram of second-grade tea leaves is purchased at 180,000 rials (around $0.31).
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