Iranian company to invest in Syrian appliances manufacturer
QAMISHLI, Syria (North Press) – On Monday, an Iranian company announced its intention to invest the Syrian Barada company for household appliances.
Recently, press reports cited observers who state that Iran is increasing its penetration in Syria by replacing its tools, and is working to enhance its presence in Syrian economic, social, and cultural structures to formalize its various activities and movement in Syrian government-held areas.
On Sunday, Syrian Minister of Industry Ziad Sabbagh met with an Iranian delegation that included representatives from the Iranian Emersun Industries Co., which specializes in the production of household appliances.
The Iranian delegation discussed the possibility of rehabilitating and developing the Barada Company for Metallurgical Industries, within the principle of partnership, and exporting its products in the future to neighboring countries.
During the meeting, Sabbagh stressed that the brand value of Barada is very high because the Syrian citizen “has a high level of trust in the company’s products. Despite the destruction that affected the company’s headquarters, the efforts of the workers and those in charge of the company helped it to produce again.”
Sabbagh asked the stakeholders of Emersun to submit a detailed study about their vision for developing production lines in the Barada company for study by concerned individuals, and to determine the facilities that the Syrian government can provide in this field, according to what was reported by the official government agency SANA.
Earlier, the delegation visited the headquarters of Barada and was briefed on the reality of its work and the efforts made to help the company to produce after it was destroyed during the years of war.
The Barada Company is a subsidiary of the General Organization for Engineering Industries, an industrial company specialized in the production of household appliances such as refrigerators, washing machines, ovens, water coolers, and others.
At the end of July, speaker of the Parliament of Iran Mohammad Bagher Ghalibaf revealed a comprehensive agreement of cooperation between Iran and Syria that is currently being drafted.
Ghalibaf expressed his aspiration for the agreement to be ratified by the parliaments of the two countries and implemented, “in order to provide Iranian and Syrian merchants and businessmen opportunities to raise the level of economic and commercial cooperation and the reconstruction of Syria.”
In February, an important Iranian delegation visited Aleppo city, northern Syria, in a step observers believed to be Tehran’s attempt to expand economic influence in the region.
On August 23, Iraqi political researcher Muhammad Dershawi told North Press that Tehran’s concerns over Syria are behind Iranian interference in Syria, as it needs to maintain a presence in Syria and Iraq in order to maintain dominance over the “Shiite Crescent” – the region of the Middle East with significant population of Shiite Muslims.