He said big capital is a positive point for cooperation between Iran and Arab companies in the region, adding that they are mainly active in the mining sector but due to incapability in advanced activities they are mainly involved in medium range technologies.
According to the official, regional Arab companies often purchase European and American technologies and in the meantime Iran is actively present in the export of technical and engineering services in Asia, Europe, Africa and America for the past two decades.
Export of Iran’s technical and engineering services in 1391 (2012-2013) amounted to $4.2 billion but imposition of sanctions reduced the figure.
Below 100 Iranian companies in more than 60 countries have either implemented technical and engineering projects in the field of roads, housing, oil and gas or are involved in it.
Younesian said an Omani company with a capital of close to 1.100 billion euro which has previously been active in South Africa and other countries is now active in Iran.
He said in case political conditions are suitable Iranian companies can jointly cooperate with Arab companies in implementation of mining projects.
He proposed that Arab companies bring in the capital and the Iranian side the technology and technical and engineering services.