Japan Eyes Investment and Oil in Iran, but Closer Ties Far Off

Japanese Prime Minister Shinzo Abe shakes hands with Iranian President Hassan Rouhani at the U.N. Headquarters, New York, Sept. 27, 2015 (Photo by the Yomiuri Shimbun via AP Images).
Japanese Prime Minister Shinzo Abe shakes hands with Iranian President Hassan Rouhani at the U.N. Headquarters, New York, Sept. 27, 2015 (Photo by the Yomiuri Shimbun via AP Images).

During a meeting on the sidelines of the United Nations General Assembly in New York last week, Japanese Prime Minister Shinzo Abe and Iranian President Hassan Rouhani focused on economic ties. They agreed to work closely to conclude recent talks on a mutual investment deal that would facilitate Japanese companies investing in Iran. Abe held out investment as an inducement for Iran to comply with the agreement to limit Tehran’s nuclear program inked between Iran and the six world powers, known as the P5+1, earlier this summer. But Japan is also keen to resume the flow of energy imports from […]

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