Disir
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- Sep 30, 2011
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TEHRAN—Swaths of the Iranian economy are retooling in response to more than two years of U.S. sanctions, finding pockets of resilience in the country’s large domestic economy.
Iranian companies are increasingly producing the sorts of goods that Iran had long imported from abroad, while smaller, growing companies have picked up hiring. According to Iranian government statistics, Iran’s non-oil industry’s gross revenues have grown 83% in the past couple of years, overtaking the sanctions-battered energy sector’s.
Iran’s central-bank governor in December said the country’s economy grew by 1.3% from March to mid-September, largely driven by domestic manufacturing.
I am wary of this article because it's by the WaPo and they, like all other US media, presents Ian as being completely shut off from the rest of the world. It's not. They have other things going on.
Iranian companies are increasingly producing the sorts of goods that Iran had long imported from abroad, while smaller, growing companies have picked up hiring. According to Iranian government statistics, Iran’s non-oil industry’s gross revenues have grown 83% in the past couple of years, overtaking the sanctions-battered energy sector’s.
Iran’s central-bank governor in December said the country’s economy grew by 1.3% from March to mid-September, largely driven by domestic manufacturing.
Battered by U.S. Sanctions, Iran Finds a Lifeline in Domestic Economy
Swaths of the Iranian economy are retooling in response to more than two years of U.S. sanctions, finding pockets of resilience in the country’s large domestic economy.
www.wsj.com
I am wary of this article because it's by the WaPo and they, like all other US media, presents Ian as being completely shut off from the rest of the world. It's not. They have other things going on.
Value of Iran’s Non-Oil Trade Stands at $52bln in 9 Months - Economy news - Tasnim News Agency
TEHRAN (Tasnim) – The value of Iran’s non-oil trade in the first nine months of the current Iranian calendar year (March 20-December 20) stood at $52 billion, according to the head of the Islamic Republic of Iran Customs Administration (IRICA).
www.tasnimnews.com