Venezuelan Agriculture Minister Wilmar Castro Soteldo says Caracas has offered at least five million hectares of land following agricultural investment agreements with producers from Iran and other countries.
He made the remarks on Monday at a presentation ahead of the Iran-Venezuela scientific, industrial and technological expo fair, which is planned to open in Caracas on Wednesday.
“We are making available five to seven million hectares [of land] that our country has to develop to reach 30 million cultivable hectares,” the minister said.
He added that Venezuela is offering the farmlands to foreign producers to grow crops in the South American country.
Since the beginning of its term, the current Iranian administration has seriously pursued effective measures to improve the agricultural sector and ensure the country’s food security, including through farming overseas.