Masoud Ammari said on Saturday about the termination of Peyk's contract with the federation, 'The company has terminated the contract one-sidedly. Due to the sanctions and that they had no particular market in Iran, they were not interested in continuing cooperation.'
This is while Peyk has been cooperating with Iran in the past decade vie previous sanctions.
However, the secretary of the federation said that the pressure on the company due to US sanctions has forced them to terminate their contract with Iran.
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Cancellation of Peyk Company's contract due to Sanctions: Iran
Dec 22, 2018, 6:04 PM
News ID:
83143539
Tehran, Dec 22, IRNA - Secretary of Basketball Federation of Iran said the reason for the suspension of cooperation with Peyk Company with Iran was sanctions and US pressure, noting they were not interested in market of Iran, they did not cooperate.
