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Nationalization of Iranian Fishery Industry

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Nationalization of Iran's fishery industry after the Soviet contract expired, establishing the Iran Fisheries joint-stock company.

Fun Facts

From 1927 to 1953, Russia had exploitation rights over Caspian Sea fisheries. After the contract expired in 1953, the Iranian government nationalized the fishery industry and established the Iran Fisheries joint-stock company. Iranian caviar was one of the most valuable export products.

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