On October 27, Iranian Agriculture Minister Mohammad-Ali Nikbakht declared that his government has established the necessary platform for extraterritorial development.
Speaking at a symposium, Nikbakht stressed the importance of expanding agricultural and economic activities outside national borders. According to the minister, this not only helps ensure the country's food security but also creates opportunities for international cooperation by leveraging resources from other nations.
“We have built a legal foundation and investment incentive policies, paving the way for Iranian companies and agricultural cooperatives to participate in extraterritorial projects,” Nikbakht said. He also mentioned that Iran has reached agreements with several countries to lease farmland and launch large-scale agricultural projects.
Extraterritorial development is a key strategy of the Iranian government to reduce dependence on domestic water resources and cope with prolonged drought. Key projects are being implemented in African and Central Asian countries.
Economic analysts assess that Iran's push for extraterritorial development is a long-term move, both enhancing food security and strengthening Tehran's economic and political influence in the region.
