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Iran Ups Non-Oil Exports by 24%

Business Materials 13 February 2011 18:06 (UTC +04:00)
Iran's Commerce Minister Mehdi Qazanfari announced on Sunday that the country's non-oil exports surpassed $21.5bln in the first 10 months of the current Iranian year (March 21, 2010 to January 21, 2011), showing 24% of growth in comparison with the same period last year, FARS news agensy reported.
Iran Ups Non-Oil Exports by 24%

Iran's Commerce Minister Mehdi Qazanfari announced on Sunday that the country's non-oil exports surpassed $21.5bln in the first 10 months of the current Iranian year (March 21, 2010 to January 21, 2011), showing 24% of growth in comparison with the same period last year, FARS news agensy reported.

"Iran's non-oil exports were worth $21.5bln in the first ten months of the current year, excluding gas condensates, which shows a 24-percent growth compared with the same period last year," Qazanfari said.

He also reiterated that Iran has imported $57bln worth of goods during the same period which is nearly 2.5 times more than the country's non-oil exports.

Qazanfari expressed the hope that Iran's non-oil exports would increase to $24bln by the end of the current Iranian year (March 20).

According to official reports, Iran's non-oil products are exported to 160 countries of the world. China, Iraq, United Arab Emirates, India, Afghanistan, Turkey, Pakistan, Taiwan, the Republic of Korea and Belgium are the main destinations and markets of the Iranian products.

Despite the hostile policies and moves of the United States and its European allies, Iran has shown a promising trend of growth in area of economy.

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