Japan will provide Iran with $10 million for the development of medicine

TOKYO, March 13. /Corr. Alex Sarachev/. Japan will provide Iran with 1.2 billion yen ($10 million) on the development of medical technologies and improve the quality of diagnosis of patients. As reported in the Sunday TV channel NHK, the corresponding document in the Iranian capital was signed by the Deputy Minister of health of Iran Mohsen Asadi Lari and the Ambassador of Japan in Tehran Hiroyasu Kobayashi.

Tokyo will provide these funds in the framework of Official aid for development. Most of them will be used to purchase new medical equipment, including Japan. Through the new agreement, Japanese companies related to medicine, I also hope to gain a foothold in an emerging Iranian market.

In early February, Japan and Iran have signed an agreement on investment cooperation. This became possible after January 22 Tokyo after the UN, US and EU lifted sanctions against Tehran after the execution of the agreement on its nuclear program.

Japan and Iran have close economic relations, but because of force against Iran sanctions their activity has decreased significantly. So, before they are imposed on Iran had up to 10% of the total level of oil supplies to Japan, and in 2014 this amount decreased by almost half.