Iran says any deal with Japanese firms dependent on JCPOA

Baku, Azerbaijan, Oct. 13

By Fatih Karimov - Trend: Signing any deal with Japanese firms will be dependent on the implementation of Joint Comprehensive Plan of Action (JCPOA).

Iran's Oil Minister Bijan Namdar Zanganeh made the statement in a meeting with the visiting Japanese Foreign Minister Fumio Kishida, Shana news agency reported Oct. 13.

The JCPOA was reached between Iran and the group 5+1 (the US, UK, France, Russia, China, and Germany) on July 14. It will curb Iran's nuclear program in return for lifting economic sanctions.

Iran and Japan can cooperate in petrochemical, refining, and LNG sectors, Zanganeh said.

First of all, the JCPOA should take effect, and then, tenders should be held for transferring the projects to companies, he added.

Iran seeks to cooperate with Japanese companies in the field of energy saving and energy consumption optimization, he noted.

According to a joint statement issued on Oct. 12 by Mohammad Javad Zarif and Fumio Kishida, foreign ministers of Iran and Japan, the two countries will draft an agreement on mutual investment.

The statement also called for close cooperation in implementation of the IAEA safeguards in order to help Iran implement its part of the JCPOA.

Exchanging expert teams to study and conduct projects on boosting safety at nuclear sites will be another part of the prospective agreement.

Edited by CN