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    alarabiya
    alarabiya
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    Iran's Bold Move: Shifting from Oil to Minerals

    Iran Shifts Economic Focus from Oil to Minerals: A Nation's Strategic Pivot. Iran, a major oil producer, is undertaking a significant economic transformation. The country's First Vice President, Mohammad Mokhber, recently announced a strategic shift towards a minerals-based economy. This move aims to reduce reliance on oil, enhance economic independence, and mitigate the impact of international sanctions and market fluctuations. "We are shifting our economic strategy to focus on the development of our mineral resources," Mokhber stated in a recent address. The video shows scenes of Iranian infrastructure and industry, underscoring the government's commitment to this ambitious plan. The transition will involve significant investments in mining, processing, and related industries. While challenges remain, this shift could significantly reshape Iran's economic landscape and international relations.

    2 months ago
    FI
    Iran
    news summary
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