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Iran to Replace $11 Billion of Imports as Economic Crisis Bites

Customers browse televisions at a store in the Isfahan City Center shopping mall in Isfahan, Iran.
Customers browse televisions at a store in the Isfahan City Center shopping mall in Isfahan, Iran.Photographer: Simon Dawson

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Iran plans to manufacture $11 billion worth of products in the next two years to replace some imports and help contend with crippling U.S.-led sanctions.