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Iran’s non-oil exports rise 28% to touch $27b

Iran’s non-oil exports rise 28% to touch $27b

TEHTRAN: The value of non-oil exports since the start of the current year has increased by over 28% compared with the same period last year, Hossein Tajour, the director-general of the Trade Promotion Organization of Iran for renovation and administrative development, said, addressing a forum in North Khorassan province.

Noting that the technical-engineering, tourism, work force and transit services constitute the main parts of Iran’s non-oil exports, he said the Asian countries were the main destination of 93% of the country’s exports this year.

Iran’s Customs Administration announced earlier this month that the country’s non-oil exports have witnessed significant growth in the first seven months of the current Iranian calendar year (March 21- October 22).

The value of Iran’s non-oil exports amounted to over $27 billion in the seven months of the current year, a report by the Customs Administration said.

It noted that 55 million tons of commodities have been exported during the same period.

Earlier this year, Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh announced that the country plans to further increase its non-oil exports.

Iran plans to augment exports of its non-oil commodities to $50bln by the end of the current Iranian year , Nematzadeh said, addressing a ceremony for inauguration of an investment project in Tehran.