VOL. XXXIV
NO. 19
11-FEBRUARY-1991
Financial and Banking News
Loans & Issues
Arbitrators Order Framatome to Pay Iran FF550mn
The International Chamber of Commerce (ICC) has ordered France's state-ownednuclear power plant maker Framatome to pay Iran FF550mn ($110mn) in respect ofunfulfilled contract obligations and accrued interest. The Iranian news agency,IRNA, said on 2 February that the award covered FF271mn advanced to Framatome byIran's atomic energy organization in the 1970s to pay for...
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