Addressing the 7th meeting of Japan International Agency Cooperation (JAICA), Hideaki said Japan is currently Iran's biggest trade partner, adding Iran meets 10 percent of Japan's crude oil needs.
Participation of Japanese companies in Azadegan oil field opened new chapter in Tehran-Tokyo relations, he said, noting the Iranian government also called for Japan's direct investment in various economic sectors.
He added Japan did not decrease the development aid budget for technical cooperation with Iran during the past five years despite its economic crisis. However the figure has increased three folds during the same time, he said.
He said JAICA implemented a project in Iran's northwestern city of Tabriz to optimize energy use, adding that although Iran is a powerful country in the field of energy, it should adopt measures to prevent irregular use of energy.
Japan welcomes economic and social development of Iran. It has helped Iran through Bank of International Cooperation and JAICA, the ambassador said.
He further stressed the Japanese government's intention to expand its cultural relations along with technical and economic cooperation with Iran.
... Payvand News - 12/2/04 ... --