VOL. XXXVI

NO. 31

3-MAY-1993

Financial and Banking News

REGIONAL FINANCING

France Expresses Concern Over Iranian Payment Arrears

France has expressed its concern at Iran's mounting payments arrears, whichare now estimated at around FF800mn ($150mn), during a visit to Paris by Iran'sdeputy Foreign Minister, Mr. Mahmoud Vaezi. Mr. Serge Boidevaix, the ForeignMinistry Secretary General, told Mr. Vaezi that overdue payments had increasedsharply since the beginning of the year. The arrears refer to...