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  • 25-08-21

    Iran's trade reaches USD29B in 1st 4 months of 2021

    (MENAFN)According to the head of the country’s Trade Promotion Organization (TPO), Iran’s domestic Forex Management Integrated System setto return over €56 billion (USD 65 billion) of non-oil export revenues into the country’s economic cycle since it was inaugurated in April 2018 up to August 22.

    IRNA further declared that in the stated period, the country’s non-oil exports reached €69 billion (about USD81 billion) of which so far €56.6 billion were returned to the economic cycle.

    He stated that Iran's trade in the first four months of the current Iranian year stood at nearly USD29 billion, with non-oil exports increasing by 65 percent in value and 27 percent in weight over previous year same time span.

    "The focus of the 13th government on stability in the foreign trade sector shows the importance it puts upon this sector,” Zadboum added, underlining that one of the most important ways of the country's economic development is to concentrate on the development of non-oil exports.

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