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Minister for Foreign Affairs and East African Community Ambassador Mahmoud Thabit Kombo, along with Iran’s Minister for Agriculture Jihad, Gholamreza Nouri, witnessed the signing of 11 MoUs during the 5th session of the Joint Permanent Commission (JPC) meeting between Tanzania and Iran.
The Islamic Republic of Iran is set to establish a tractor assembly plant in Tanzania after the two countries’ public and private sectors signed over ten Memoranda of Understandings (MoUs) in Dar es Salaam recently.
Minister for Foreign Affairs and East African Community Ambassador Mahmoud Thabit Kombo, along with Iran’s Minister for Agriculture Jihad, Gholamreza Nouri, witnessed the signing of 11 MoUs during the 5th session of the Joint Permanent Commission (JPC) meeting between Tanzania and Iran.
The two officials pledged to strengthen bilateral cooperation between the two nations.
Ambassador Kombo told delegates that the signing of the agreements signifies the determination of both sides to elevate their bilateral relationship to the next level. According to Minister Kombo, the last time Tanzania and Iran held a JPC session was in 2008 in Tehran.
He encouraged Tanzanians to seize the opportunities presented by the agreements, particularly in the agriculture, technology, and pharmaceutical industries.
Iran’s Minister for Agriculture Jihad noted that, in addition to Tanzania’s population of over 60 million people, the country’s geographical location is significant, as it serves as a gateway to other African landlocked countries.
Minister Nouri added that while Iran is well advanced in technology, Tanzania offers various opportunities in agriculture. He emphasized that the two countries could leverage their strengths to improve their economies.
Deputy Minister for Agriculture, David Silinde said Iran’s decision to establish a tractor assembly plant in Tanzania aligns with President Samia Suluhu Hassan’s plan to ensure that over 10,000 tractors are supplied to farmers by 2030.
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Silinde noted that the country will allocate 10,000 acres to Iranian investors, where block farms will be established as part of the plan to transform the agriculture sector. He added that two top Iranian investors are expected to invest between US$40 million (about 108.7bn/-) and US$70 million (about 190.1bn/-) in the country once the deals are finalized.
