Iran is counting on a rise of 15-20% in non-oil exports in its new year, which begins on March 21, Industry, Mines and Trade Minister Mohammad Reza Nematzadeh says.
Head of Tehran Chamber Of Commerce Yahya Al-e Eshaq said that the country is resolved to cut the dependence of its economy on oil revenues based on the Supreme Leader's Resistance Economy Plan.
Rich Gulf Arab countries have so far failed to diversify their economies away from oil revenue and some may eventually face political challenges as a result, a senior Qatar central bank official said on Tuesday.