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Japanese businesses concerned about U.S. withdrawal from Iran nuclear deal

  • May 10, 2018
  • , NHK
  • JMH Summary

NHK’s “News Watch 9” reported on Thursday night on the growing apprehension within the Japanese business community about the Trump administration’s decision to pull out of the Iran nuclear accord and reinstate economic sanctions, highlighting a Tokyo-based trading firm specializing in oil products whose sales dropped by almost half seven years ago due to the the Obama administration’s imposition of sanctions on Tehran. An executive of the firm voiced qualms about Washington’s decision potentially having adverse effects on Iranians’ trust in Japan, which he explained remains “very strong.” The businessman expressed hope that the Japanese government will enhance coordination with European countries so as to persuade the U.S. to rejoin the nuclear deal. The broadcaster added that some 30 Japanese trading companies and electronics manufacturers currently have offices in Iran.

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