Economic Ties: Japan, Iran to start investment talks

Chief Cabinet Secretary Yoshihide said, as other energy consumers also rush to explore Iran’s commercial potential

TOKYO: Japan and Iran will start talks next week to negotiate a bilateral investment treaty, as Washington moves to ease sanctions against Tehran and Tokyo looks to step up its interests in the resource-rich nation. Japanese and Iranian officials will meet in Tehran from Monday through to Wednesday to secure a deal, Chief Cabinet Secretary Yoshihide Suga said, as other energy consumers also rush to explore Tehran’s commercial potential. “The aim of these negotiations is to protect the investment activities of Japanese companies,” Suga told reporters at a regular briefing. When asked how resource-poor Japan would tap Iran’s energy potential, Suga said, “Keeping those various factors in mind, Japan will take the necessary steps and not be later than other nations.”

Published in The Express Tribune, September 6^th, 2015.

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