Ending dependence on oil revenues - most optimal way for Iran

Oil&Gas Materials 15 May 2019 10:55 (UTC +04:00)

Baku, Azerbaijan, May 15

By Elnur Baghishov – Trend:

The most optimal way to go for Iran under the current conditions is to put an end to its dependence on oil revenues, Abolfazl Fathollahi, head of High Center for Iranian Workers Trade, told ISNA, Trend reports.

According to Fathollahi, the issue of reducing oil dependence in Iran has been put forward for several years now.

Fathollahi added that this issue is even noted in Iran's 2025 Perspective Document.

"However, proper and logical investments are not made in production, industry and agriculture," he said.

Fathollahi also said that, if proper and logical investments are made, a significant increase will be observable in Iran's exports in parallel to the production rates.