A farmer drives his combine as he harvests wheat in a field in Mortagne, southwestern France, July 12, 2015. REUTERS/Regis Duvignau
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Iran has imposed import duties on wheat and barley, an Iranian government regulation document seen by Reuters Wednesday showed, hurting hope for more trade after the country's historic nuclear deal.The wheat duty is 1,500 rials per kilo, or about $45 to $50 a ton, according to the document, a level that would render wheat imports commercially unfeasible, traders said.Despite the deal, Iran is not expected to move back into world wheat markets quickly, with financial sanctions also expected to take some time to remove.Traders said the move was seen as an effort to protect Iranian farmers from cheap imports and to prevent imported grain from being resold to the government at higher prices under the country's scheme of state purchases from farmers at guaranteed prices.
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