VOL. XXXII

NO. 16

23-JANUARY-1989

IRAN

Italy and Iran Settles Debt Dispute

As a result of the two-day official visit to Rome on 16-17 January by theIranian Prime Minister, Mr. Mir Hossein Musavi, Italy and Iran have reached acompromise settlement on the payment of the 1,350bn lire ($1bn) which an Italiangroup headed by the state-owned construction company Condotte claims it isowed by Iran for work at the port of Bandar Abbas. The settlement provides foran overall payment of 600bn lire ($440mn),...