Official: Non-Oil Exports Grow 40%

Date: 28 August 2022 - 16:40

News ID: ۱۰۶۲۲۱

TEHRAN - Iran’s Vice President for Parliamentary Affairs Muhammad Husseini said on Saturday that the country’s non-oil exports have witnesses a 40-percent increase.
“Indicators of investment and tourism have also developed,” Hosseini stated at an opening ceremony in an industrial unit in Qom, South of Tehran.
“The current Iranian government has brought development in different parts of the country, particularly in the industrial sector,” the official noted.
He added that the government attaches great importance to its ties with the neighboring countries because it sees balanced diplomacy as a tool of power.
Further, Husseini appreciated the moves taken in the past year to put Iran as a member of ultra-regional organizations to improve trade and economic capacities.
Back in mid-July, Iran’s Minister of Industry, Mine and Trade Reza Fatemi Amin stated the country’s foreign trade amounted to $120 billion during the past Iranian calendar year (ended on March 20, 2022) despite Washington sanctions.
The Iranian minister referred to Western sanctions imposed on his country over the past four decades, and noted that Tehran has made progress despite those measures.
Statistical data in early July showed Iran’s exports to the neighboring and friendly states have grown drastically in the past few months amid the country’s fight against the US unilateral sanctions.
The surge in foreign trade comes in the backdrop of the President Rayeesi administration’s agenda to expand economic ties with countries in the region and those across the globe.