Iran sees trade booming despite sanctions

by Staff Writers Tehran (UPI) Jul 15, 2011

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Iran expects to garner non-oil trade worth more than $45 billion during its current calendar year despite a plethora of international sanctions led by the United States, the United Nations and the European Union.
Iranian President Mahmoud Ahmadinejad said non-oil exports during the calendar year ending March 20, 2012, would exceed $45 billion -- against $30 billion in the previous year -- and would consist of gas condensates, mineral fuels, chemical products, plastics and fertilizers as well as traditional commodities of fruit and nuts, Press TV reported.
Ahmadinejad made the projection as he addressed a ceremony to mark the launch of a number of industrial projects in Iran's Eastern Azerbaijan province, said the report.

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