Iran’s CB backs non-oil foreign trade

Financial Tribune – The Central Bank of Iran will continue to promote non-oil trade with foreign countries, the bank’s deputy governor for currency affairs said.

“CBI advocates the policy of managing foreign trade without crude oil,” Gholamreza Panahi told a gathering of diplomats in Tehran newly appointed to foreign capaitals.

In pursuing this policy, Panahi added, the CBI will draw on the full capacity and ability of the non-oil sector, the CBI website reported.