TEHRAN: Iran’s non-oil exports surged 29% to nearly $44 billion in the year to mid-March, despite tough Western sanctions, according to officials and data. Overall exports excluding crude oil hit $48 billion, Kiumars Fathollah Kermanshahi, a deputy head of Iran’s Trade Promotion Organisation, told the official IRNA news agency. Iran raked in $43.8 billion for exporting products other than oil, and a further $4.2 billion for exporting technological services, Kermanshahi said. Exports of non-oil products during the same period a year before were worth $34 billion, excluding technological services.
Published in The Express Tribune, April 8th, 2012.
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