IRAN

Iran Again Halts Interest Payments on IJPC Loan 

With work on the Iran-Japan Petrochemical Company (IJPC) complex at Bandar Khomeini on Iran's Gulf coast again halted by Iraqi air attacks (MEES, 8 October), Iran has once more suspended interest payments on loans to the project from the Iran Chemical Development Company (ICDC), the Mitsui-led Japanese partner in the project, according to ICDC President Ren Takemura. Speaking in Tokyo on 24 October, Mr. Takemura said that...