Baku, Azerbaijan, Dec. 30
Trend:
Iraqi companies have to pay $800 million for technical and engineering services imported from Iranian companies and contractors, however the Iranian companies could not obtain the money, secretary general of Association of Iranian Exporters of Technical and Engineering Services Bahman Salehi, Trend reports citing ILNA.
"The current situation between Iran and Iraq would affect the export of technical and engineering services ," said Salehi.
"Iraqi's debt to Iranian companies was previously $600 million but today it has reached $800 million. If there is an agreement between the two countries, the money could be transferred to Iranian exporter companies and Financial Action Task Force (FATF)," he said.
"Devaluation of Iraq's dinar is another issue, previously the contracts between the two countries were based on USD but the pressures led to contracts based on dinar and Iranian contractors are now facing losses by devaluation of dinar and Iraqis can't pay their debts," he said.
Salehi pointed out that Iranian government's role and diplomacy didn't bring the desired effect to the situation.
"The situation is similar in Syria. Iranian companies have implemented projects in Syria, but there are issues as well. The Iranian companies are losing their positions in Syria, while countries such as Russia, Turkey, China , South Korea and Japan and even the UK are increasing their activities in Syria," he said.
Salehi pointed out that while Iran has political influence in Syria, but the for Iran's contractors the situation isn't great.