www.presstv.com Iran's petroleum exports have reached over 14 billion dollar in the past seven years. That is a %26 increase compared to the same time last year. This is part of a government plan to reduce the country's dependence on oil and gas as its main source of income. But in the last 6 months the export of petrochemical products has also increased %50 becoming a major source of revenue. In the wake of the global economic crisis, the International Monetary Fund announced that the volume of exports in developed countries had dropped %13 and in developing countries %7.5. During this time, Iran has managed to not only sustain its export power but increase it. This episode of Press TV's Iran Today looks at how Iran is managing its imports and exports in the wake of the global financial crisis that slashes spending powers worldwide and with the ever present US led sanctions hanging over it all the while.
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