Iran wants more non-oil exports, better prices
Iran aims to increase non-oil exports by 20 percent as part of an effort to reduce its economic dependence on crude oil, an industry minister said Tuesday. Motjaba Khosrwotaj, the deputy minister of industry, mining and trade, said the increase would bring to $60 billion for the calendar year ending March 2016. With Iraq, , India and China as main export destinations, the minister said the hike would provide Iran with a buffer against oil revenue. The Iranian government said that, since late 2013, by about 1.5 million barrels per day, ...
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