1000 Japanese Firms Willing to Enter Iran’s Market: Official


TEHRAN (Tasnim) – A Japanese official highlighted the strong willingness of companies in his country to play a role in the Iranian market once anti-Iran sanctions are lifted.

“(Representatives of) the 21 companies who have come to Tehran as part of the Japanese delegation (actually) represent 1000 companies willing to visit Iran,” said Daishiro Yamagiwa, Japan’s vice-minister of Economy, Trade and Industry.

He made the remarks after his Sunday meeting with Iran’s Minister of Oil Bijan Zanganeh in the Iranian capital of Tehran.

“Undoubtedly, after the practical termination of (anti-Iran) sanctions, the economic ties between Iran and Japan will flourish,” he added.

He also pointed to his meeting with Zanganeh, saying the two sides had good and constructive talks on oil, natural resources, and energy.

“Iran and Japan have traditionally worked together in the fields of oil, energy, power, and car industry,” Yamagiwa stressed, adding that as well as enhanced collaborations in these areas, new fields of bilateral cooperation should be defined.

“Both the government and the private sector and companies of Japan support an all-out expansion of ties (with Iran),” he noted, expressing the hope that bilateral relations and regional cooperation between Tehran and Tokyo would increase after the nuclear deal between Iran and world powers.

The visit came as part of a new wave of renewed interest in ties with the Islamic Republic after Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14 reached a conclusion over the text of a comprehensive 159-page deal on Tehran's nuclear program.

The comprehensive nuclear deal between Iran and the six powers would terminate all nuclear-related sanctions imposed on Iran after coming into force.

Experts believe that Iran's economic growth would rise remarkably after the final nuclear deal takes effect.