VOL. XXXIX

No. 16

15-January-1996

IRAN

Japan Will Not Resume Loans To Iran Before US Presidential Election

A high-ranking official at the Japanese Foreign Ministry has said that Japan is unlikely to resume official loans to Iran before the US Presidential election in November 1996, the Japanese news agency Kyodo reported on 26 December. The unnamed official said Japan would not extend any more low- interest official credits until Iran improved its foreign relations, especially with the...