IJPC payments Suspended Again 

Iran has informed Japan that it is again halting repayments on loans to the Iran Japan Petrochemical Company (IJPC), according to Mr. Hiroshi Watada, the President of the Iran Chemical Development Company (ICDC), which is the Japanese partner in the 50-50 joint venture with Iran's National Petrochemical Company (NPC).

Work on the IJPC complex at Bandar Khomeini on Iran's Gulf coast has been at a virtual standstill since the Iranian...