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Iran: Japanese Disinvestment Continues
 (AKI) - The Japanese government, apparently convinced that international sanctions against Iran are imminent, is gradually disinvesting there. Having already relinquished control of Iran's Azagedan oilfield project, Tokyo has frozen a 10 billion dollar loan that Japan Bank for International Cooperation was due to transfer to the Iranian government in the next few days. The bank's director general has stated that "only in the event that negotiations on Iran's nuclear programme lead to an agreement that is acceptable to the international community, can these 10 billion dollars be released." Posted by: Fred 2006-11-24 |
| http://www.rantburg.com/poparticle.php?ID=172978 |