VOL. XXXVII

NO. 25

21-MARCH-1994

Financial and Banking News

Regional Financing

Iran Close To Agreement On Japanese And German Reschedulings

Iran is close to reaching agreement with Japanese and German creditors on therescheduling of nearly $5bn in overdue payments. In both cases the final detailsof an agreement have still to be worked out, but both Japanese and Germannegotiators are confident that all issues will be resolved in the near future.Just the prospect of these agreements being signed was...