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Iranian technical-engineering firms aim at boosting exports to Iraq

Iran Materials 8 January 2014 17:44 (UTC +04:00)

Baku, Azerbaijan, Jan.8

By Fatih Karimov - Trend: The union of Iranian technical and engineering service exporters has held a meeting, during which the possible ways of increasing exports to Iraq were discussed, IRNA reported on January 8.

Siamak Dolatshahi, the secretary of the union said that the elimination of problems of Iranian companies working in Iraq was also discussed at the meeting.

More than 30 Iranian companies operate in Iraq, Dolatshahi said.

The exports of Iran's technical and engineering services to neighbouring Iraq accounted for 70 percent of the country's total technical exports in the previous calendar year which ended on March 20, Head of the Association of Iranian Exporters of Technical and Engineering Services, Mohammad Reza Ansari said in October.

Iran exported a total of $2.3 billion worth of these services in the previous calendar year, the ILNA News Agency quoted Ansari as saying.

"Iran exported around $4.2 billion worth of technical and engineering services in the Iranian calendar year of 1390, ended on March 20, 2012, but the figure decreased in the previous year," Ansari said.

"Iran has the capacity to export $20 billion worth of these services," Ansari added. "The goal is to achieve this in five years."

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