VOL. XXXII

NO. 51

25-SEPTEMBER-1989

Financial and Banking News

LOANS AND ISSUES

France and Iran to Resume Financial Negotiations

After a visit by the Secretary General of the French Foreign Ministry, Mr.Francois Scheer, to Tehran on 13 September, France and Iran have agreed toconduct a series of monthly talks, alternating between Tehran and Paris, in anattempt to settle the status of Iran's 15-year old $1bn loan to the FrenchEurodif nuclear energy consortium. France has repaid $630mn of the loan,...