Reduced Dependence On Oil, Best Way To Thwart Sanctions: Official

Sari, Mazandaran prov, April 29, IRNA – Deputy Minister of Economy and Finance said on Sunday that a reduced dependence on oil revenues is the most efficient way to thwart sanctions on Iran. Davoud Manzour said that Supreme Leader Ayatollah Khamenei had long been insisting on planning national economy not reliant on oil revenues. Iranˈs non-oil exports last year exceeded $22b up from $18b in the previous year, he said. ˈIn the last year despite threats and pressures of enemies, we made significant achievements and we should make every effort to turn the threats into opportunity.ˈ He underlined the need to make use of the initiatives and proposals of the experts and academics to make progress vis-a-vis the sanctions imposed by adversaries./end