Chinese company leaves Iran for first time
Azerbaijan, Baku, Dec. 10 / Trend S. Isayev/
Huawei Technologies, China's biggest telecoms equipment manufacturer, said that it would not pursue new business in Iran after a U.S.-based watchdog said that authorities in Tehran were using the firm's equipment to monitor dissidents, the statement posted on the company's official website said.
The statement says that "Huawei will voluntarily restrict its business development there by no longer seeking new customers and limiting its business activities with existing customers. Huawei will continue providing necessary services to ensure communications for Iran's citizens for communication networks that have been delivered or are under delivery to customers.
Huawei said it will continue providing "necessary services" for communication networks already delivered or being delivered to Iran.
This is the first time that Chinese company officially announced about its leaving Iranian market. China is Iran's major economic partner, with the economic trade turnover between the two countries going over $30 billion per year. After Western telecommunication companies have left the Iranian market, Chinese companies quickly filled that gap.