Japan, Iran Agree to Enhance Economic Ties

July 23, 2001 - 0:0
TEHRAN An economic mission sent by the Japanese government met Saturday with Iranian President Mohammad Khatami and agreed to enhance economic relations between Japan and Iran, mission officials said. According to the Japanese news agency, Kyodo, Nobuyuki Masuda of the Federation of Economic Organizations (KEIDANREN), who heads the delegation, passed a letter from Japanese Prime Minister Junichiro Koizumi to the president, the officials said. Japan welcomes the Iranian Parliament's moves to promote foreign investment, said Masuda, chairman of Mitsubishi Heavy Industries Ltd., who heads the Japan-Iran Economic Committee of Keidanren. Masuda told Khatami that Japan is willing to aid small companies in Iran, train its workers and develop measures to conserve the environment, according to the officials. Khatami was quoted as saying mutual cooperation will not only benefit the two countries but also ensure peace and security, as well as advancing science. In a recent week-long trip to four countries in the Middle East, Iran amongst them, Japanese Economy, Trade and Industry Minister Takeo Hiranuma agreed with Khatami on a wide range of economic cooperation, including the development by a Japanese-led consortium of Iran's Azadegan oil field.