June 17, 2021

Iran President Underlines Importance of Non-Oil Exports in Combating Sanctions

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Speaking at a Sunday session of the Administration’s Economic Coordination Headquarters, Rouhani described non-oil exports as the key to Iran’s participation in the global economy.“The promotion of non-oil exports is highly significant as a powerful instrument of the resistance economy for countering the US’ cruel and illegal sanctions,” he added.The president also called on Iranian non-oil producers to improve the quality of products and honor the business commitments to boost exports.Iran has diversified its exports in recent years to cut off reliance on the petrodollars, particularly after the escalation of the US sanctions in 2018.The government has formulated plans for the expansion of non-oil exports to stimulate growth in production, employment, and the supply of currency.