Iran, Japan Sign MoU to Boost Cooperation on Energy Efficiency

News ID: 1087574 Service: Economy
ایران ژاپن ایران

TEHRAN (Tasnim) – Iran’s Institute for International Energy Studies (IIES) and Japan Cooperation Center for the Middle East (JCCME) have penned a memorandum of understating to boost their cooperation on energy efficiency, an IIES official said.

Majid Mohammadi Hosseinabadi, the deputy for international affairs at the IIES, said Tehran and Tokyo have agreed to jointly prepare Iran’s energy efficiency management plan.

He added that the agreement will also entail transfer of technology and experience to Iran in the field of energy efficiency, Shana reported on Saturday.

Hosseinabadi further said that the Japanese side will finance the project.

The MoU has been signed ahead of a planned visit by Japanese Prime Minister Shinzo Abe to Iran.

Abe is scheduled to visit Iran in late August to strengthen economic ties between the two nations, according to reports by Japanese media. He will be the first Japanese prime minister to visit the Islamic Republic.

His trip will come against the backdrop of a new wave of interest in ties with Iran after Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, 2015 reached a conclusion over the text of a comprehensive 159-page deal on Tehran’s nuclear program and started implementing it on January 16.

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