Hiroyasu Kobayashi, Japan’s Ambassador to Iran, in a meeting with Governor of Eastern Azerbaijan Esmaeil Jabbarzadeh on Monday, said various MoUs have been signed between Tehran and Tokyo in the past eight months and all major Japanese companies in Tehran have increased their staff two to three times.
“The signing of an investment MoU and the opening of a $10 billion credit line are very promising for the implementation of big project in this country,” he said.
Iran-Japan’s first economic MoU was signed in February in the presence of Iranian economy minister and Japanese Foreign Minister Fumio Kishida. During the meeting, the two sides also reached an agreement to open a $10 billion credit line for financing the country’s projects and developing foreign investment capacities.
The Japanese envoy added that Japan is also participating in environmental projects and the revival of Lake Urmia; “This is the third consecutive year that Japan has contributed $1 million to the UN for the revival of Lake Urmia, and various projects in social and economic fields have been executed in this regard,” he said.
“Holding conferences is the best step toward expanding cooperation and we are ready to cooperate with East Azerbaijan in various areas, particularly in agriculture, environment and tourism,” he said.
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