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Japan aims for investment pact with Iran "as soon as possible"
Reuters ^ | Sept 4, 2015

Posted on 09/07/2015 4:17:26 AM PDT by TigerLikesRooster

Japan aims for investment pact with Iran "as soon as possible"

TOKYO, Sept 4

Japan will begin negotiations with Iran on a bilateral investment pact next week, Japan said on Friday, and aims for agreement as soon as possible to allow Japanese companies to rebuild a presence in the oil-rich country.

Iran reached a landmark pact in July with the United States, Germany, France, Russia, China and Britain on limiting it nuclear programme to ensure it is not put to making bombs in exchange for the lifting of economic sanctions.

Since then, international delegations have been flocking to Teheran seeking business in the biggest economy to rejoin the global trading and financial system since the break-up of the Soviet Union in 1991.

Japan will decide on its sanctions, which include a ban on new investment in Iranian oil and gas projects, while watching other countries' moves, a Japanese foreign ministry official said.

Japan's delegation at three days of talks in Teheran beginning on Monday will be led by Masaaki Kanai, head of the Foreign Ministry's second Middle East division, the ministry said in news release.

(Excerpt) Read more at uk.reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; Japan; News/Current Events
KEYWORDS: energy; iran; oil; sanction

1 posted on 09/07/2015 4:17:27 AM PDT by TigerLikesRooster
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To: TigerLikesRooster

That is why the US Chamber twisted GOP arms to give Obama the easiest path to approval of this deal.

This is why Ted Cruz sold out on Iran....money and the US Chamber’s quest to get a piece of that $150 billion.


2 posted on 09/07/2015 4:55:41 AM PDT by Erik Latranyi (Cruz is so far up Trump's rump that they may need a gay marriage license soon!)
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To: Erik Latranyi
Obama and fat cats at Chamber of Commerce must be pissed that Japanese get there first and corner the market before they do.
3 posted on 09/07/2015 5:37:51 AM PDT by TigerLikesRooster (The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
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