How do you forsee your relation with China? A strong China-Japan partnership will be a huge advantage for every country in Asia
China and Japanese integration is inevitable ; and the Japan-China-SK FTA will herald this.
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How do you forsee your relation with China? A strong China-Japan partnership will be a huge advantage for every country in Asia
More like worst economy, their debt is like 400% of their GDP or something, they always seemed on the verge of a financial disaster. They will be trying to invest in oil sector which is only beneficial for them and not the local population as it does not create a lot of jobs.
Japan is getting desperate, you shouldve thought about your future before invading China and committing all of those war crimes. Now youre hugging Iranian president.
I guess the US was right when it imprisoned its Japanese-Americans during WWII, pfffft.
China and Japanese integration is inevitable ; and the Japan-China-SK FTA will herald this.
Are you telling me that if we get @Chinese-Dragon to marry a Japanese lady and You to marry a Chinese lady; in time Chinese and Japanese will cease to be what they are and may instead become Chapinese ?
Hmmmmn.....now why didn't anyone think of this before ?
lol @ "Chapinese"
Sure!
I just hope that @Chinese-Dragon doesn't come back with a Indiakistani for us !
We will never intermingle with the Enemy !
Unless of course we're talking about pretty Indian ladies !
But my heart belongs to Zhao Wei !
LOL!!!
What if you met a pretty Muslim Pubjabi Indian. And she requested you move to the other side of the border? Hmmm...
Ps. On a serious note tho, how's the relationship with Tehran and Islamabad ? Improving?
Dunno !
I hope they improve !
Iran says the Islamic Republic and Japan can work together toward the betterment of Middle Eastern countries.
Iranian President Hassan Rouhani made the remarks while meeting with Japan’s Prime Minister Shinzo Abe in the Indonesian capital Jakarta on Wednesday.
“One of the most important roots of terrorism in the region is poverty and the absence of development,” he said, adding, “Through mutual cooperation, Iran and Japan can work together toward the advancement and development of the countries of the region and diminish the grounds for poverty through mutual economic cooperation.”
Also on Wednesday, the Iranian chief executive addressed a public session of the Asian-African Conference (AAC) in Jakarta, calling for a global fight against terrorism and expressing the Islamic Republic’s readiness to cooperate with its neighbors, including Arab countries, in the anti-terror campaign.
The Iranian and Japanese statesmen also discussed key bilateral issues, with Rouhani pointing to the positive bilateral relations.
“Tehran is keen on the development of cooperation with Tokyo in matters of interest, especially the scientific, technological, ecological, and economic areas,” he noted.
He referred to the extensive presence of big companies from Europe and other world countries in Iran, saying, “Japan can also avail itself of the opportunities for economic cooperation with Iran.”
Abe, for his part, said the two countries’ cooperation in humanitarian, environmental, and drug enforcement areas still continue and that Japan hopes the two countries could also cooperate in the medical areas.
He also expressed hope for the development of the countries’ cooperation in the peaceful applications of nuclear technology and nuclear safety and security.
PressTV-‘Iran, Japan can work for ME progress’
@Daneshmand @Serpentine @SOHEIL @jammersat @IRAN 1802 et al
I love how you Japanese keep talking about honor and "Seppuku" and stuff, yet :
Now you follow the winner be subdued weakling.
Wonderful news. I hope this will be a new beginning of relationship with Japan.
Iran absolutely will be happy to provide all the gas and oil, Japan needs.
The cooperation in medical areas caught my eye. That would be the crown of this relationship if things go through. I hope to see, Japanese pharmaceuticals and medical instrument manufacturers help Iran in ToT and mutual scientific cooperation.
Thank you, dear @Nihonjin1051 for posting it!
The only burden is US of World.Amen, my brother. We Japanese and Iranians should keep our heads above vitriol of anti-Iranian propaganda. The truth of the matter is that under the current, the Iranian market is set to project itself further when the sanctions are removed this June 2015. And China, Japan, South Korea as well as the rest of Asia will tap into the Iranian potential. As per your mention of medical cooperation, definitely. Definitely !
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Iran’s political economy under and after the sanctions
That new market smell is in the air. Tehran’s hotel ballrooms are filling up with visiting delegations of European and American investors who hear tea-fueled assurances of long-term profits before shuttling off to the tourist sights in Shiraz and Isfahan. The London-based asset management firm Charlemagne Capital recently announced a partnership with Iran’s Turquoise Partners, an equity fund that invests in the Tehran Stock Exchange. If Charlemagne is knocking at the door, what’s next? Alexander the Great LLC? As a nuclear deal with Iran moves closer to realization, foreign business is exploring how to cash in.
Yet all of this attention is not as new as we think. While sanctions most severely affected the economy after 2011, Iran’s neighbors in Asia never fully cut off economic ties, no matter how much U.S. arm-twisting occurred behind closed doors. Turkey and Iran recently implemented a tariff-reduction agreement to increase cross-border trade. Chinese cellphones pour over the border along with Pakistani cigarettes and Korean washing machines. Iraq’s southern cities are being reconstructed with Iranian steel and cement. The Emirati conglomerate Majid al-Futtain operates a garish hypermarket in Tehran’s western suburbs. During trips to Iran between 2011 and 2013, even with European capital flight, I’ve run into Indian petrochemical executives in Ahvaz, Chinese construction honchos in Yazd and Russian mining magnates in Tabriz.
Even with the cordon sanitaire of sanctions, then, Iran’s market autarky was overstated. One of the ironies of the Mahmoud Ahmadinejad era (2005-2013) was that the polarizing president opened the borders to consumer imports at the same time his government pumped unprecedented levels of cash into the economy. In 2006, my Turkish tailor in downtown Tehran asked me to bring a hard-to-get premium brand olive oil from Istanbul for his wife’s beauty routine. In 2011, I could pick up the same olive oil at any Tehran corner bodega. According to Iran’s Central Bank, the absolute value of imports of goods and services, controlling for inflation, rose every year from 2005 to 2011 and then finally began to shrink, but even in 2012/13 the total value was higher than a decade prior. This wasn’t necessarily healthy for the economy, however, and the giddy bubble of consumption and speculation made the ensuing crash and recession over the past three years all the more painful. Faced with expulsion from global financial markets, an embargo of oil exports and a run on the currency, the Ahmadinejad government countered international pressure with tactical bluster rather than coherent strategy, while his allies went to defeat at the polls.
As the government of President Hassan Rouhani is slowly sifting through the rubble as it negotiates for a lifting of sanctions, then, the Iranian economy still looks quite different today than it did 10 years ago. This transformation has been largely misunderstood. Contemporary portrayals of Iran’s economy fall into a rudimentary trap which social scientists are taught to recognize in the first year of graduate school: selecting on the dependent variable. U.S. analysts read, for instance, that Iran’s economy is controlled by the contracting arm of the Iranian Revolutionary Guards Corps (IRGC), the Seal of the Prophets Construction Headquarters, or the Office fund of Leader and Supreme Jurist Ali Khamenei. If one looks for particular activity in the Iranian economy linked to shady state organs, one can find it in spades. The problem occurs when one only looks for these activities and ignores everything else. The result is analysis via rumor mill and scholarship via scaremongering. State-linked funds in Iran, including ones connected to the IRGC or the military, are unquestionably part of the economic scene. Yet by selecting on the dependent variable – in Iran’s case, only searching for pre-determined actors in the economy and turning a blind eye to other actors – we miss out on the larger story.
Over the past 10 years, enormous chunks of ownership in Iran’s state-owned enterprises were transferred into what many Iranian economists refer to synonymously as the “quasi-governmental” or “pseudo-private” sector. This large middle economic stratum is not under the steely hand of one monolithic organization sitting at the country’s commanding heights. Nor gripped by the inky tentacles of 10 organizations. Nor entangled in the spider web of 50 organizations. Since most analysis selects on the dependent variable, Iran scholars do not know exactly how many quasi-governmental funds, foundations, holding companies and investment groups exist in Iran, nor do we know their relative share in key economic sectors. As much as we may sympathize with the motives, we cannot get an accurate picture by simply repeating the accusations of opposition politicians or activists when claims about Iran’s complex economy are heatedly thrown around in electoral campaigns or journalistic jousting.
So what to do? Former deputy industry minister and reformist politician Mohsen Safai Farahani stated last summer that there are at least 120 such economic entities, which control in total around 50 percent of Iran’s gross domestic product. It is as good as guess as any, since there is no existing systematic study of Iran’s quasi-governmental sector. We know this sector greatly expanded in large part through the transfer and sale of state assets. At a very abstract level, we can see this shift using data provided by the Iranian Privatization Organization. As I document in a forthcoming book chapter, controlling for inflation, about 3.5 percent of the total value of state enterprise transfers occurred under President Akbar Hashemi Rafsanjani (1989-1997), 6 percent under President Mohammad Khatami (1997-2005) and a whopping 90.5 percent under President Ahmadinejad (2005-2013). These shares hardly sold to the private sector at all. Instead, they mostly were transferred to the semi-governmental sector. But what does that really mean?
At Princeton University’s Center for Iran and Persian Gulf Studies, our research team has begun to map out Iran’s current economic structure using a different sort of method. We are examining recently available data from the Tehran Stock Exchange (TSE) without pre-existing assumptions of ownership and economic control by any single political entity. As we cluster this raw data into linkages between different state, quasi-public and private organizations, we will be more able to determine what corporate governance looks like among Iran’s top 500 companies. Since our data on institutional shareholders comes from 2013 and 2014, and foreign capital has barely penetrated this large tier of the economy, it may provide us a more systematic assessment of key economic sectors before sanctions are lifted and foreign direct investment arrives in force.
Our project is in the nascent stage, but preliminary results are telling. Many public sector companies were forced to put up large blocs of shares on the TSE during the Ahmadinejad government’s drive for “privatization.” Who bought them? Take Iran Khodro – the largest automaker in the country – which was required to sell off shares under the previous government. In 2013-2014, Iran Khodro’s main institutional shareholders – defined by the TSE as any entity that holds over 1 percent of company shares – included:
This is just one example, albeit from an enormous corporation, but we are finding it to be a common pattern. Over the past decade, state transfer of Iran’s public sector companies seems to have been channeled toward organizations whose member constituencies had been produced alongside the state itself, whether large semi-public pension funds, cooperatives attached to “revolutionary” institutions like the IRGC, semi-public banks or holding companies fashioned by these very companies to protect their own stock and prevent ownership dilution.
- Negar Nasr Investment Co., linked to the Basij Cooperative Fund
- The Civil Servant Pension Fund, a large investment company for state employee pension contributions
- The Industrial Development and Renovation Organization, a public conglomerate that pre-dates the 1979 revolution
- Mellat Bank, a major semi-public bank which an European Union court ruled in 2013 was unlinked to Iran’s nuclear enrichment program
- Tadbir Investment Co., linked to the Imam’s Order, a.k.a the Leader’s Office
- The Social Security Investment Company, a massive investment company for private and semi-public sector employee pension contributions
- Two private-sector investment firms
- Iran Khodro’s own investment company, Samand
Variants of this story have been present in many developing countries, from Japan’s “stakeholder” model of corporate governance in the 1960s, to chaebol business conglomerates in 1970s South Korea, to military investments in industrial zones during the 1980s in Turkey and to Brazil’s public pension fund capitalism in the 1990s and 2000s. If this is a major pattern in Iran’s ongoing economic transformation, then it may look messy and unproductive, but it is not distinctive to the Islamic Republic. Given the above, the implications of a nuclear deal for Iran’s political economy are twofold. First, it is unlikely that a single bloc of domestic economic ownership by itself is coherently organized enough to push Iran’s politics sharply in any direction. Second, the cross-cutting nature of inter-firm and intra-firm ownership means that foreign investment is going to have to negotiate with the hundreds of economic brokers in Iran’s semi-public sectors, not just powerpoint-wielding private entrepreneurs, in order to cash in on key markets.
Iran’s political economy under and after the sanctions - The Washington Post
To my Chinese colleagues in PDF; @Chinese-Dragon @Shotgunner51 @Yizhi @TaiShang @AndrewJin @Raphael @Beast et al---
Can you share with us your views / opinions on the Chinese developmental model regarding Iran? Also i know that there are plans for the Iranian-Pakistani-Chinese Oil Pipeline -- which will further increase the Silk Road dynamic let alone increase energy security for most of Southwest/South and East Asia. Your conjectures on the integration of Iran to East Asia ? Thanks in advance, good Sirs.
Amen, my brother. We Japanese and Iranians should keep our heads above vitriol of anti-Iranian propaganda. The truth of the matter is that under the current, the Iranian market is set to project itself further when the sanctions are removed this June 2015. And China, Japan, South Korea as well as the rest of Asia will tap into the Iranian potential. As per your mention of medical cooperation, definitely. Definitely !
The only burden is US of World.
How I wish the world is simple, like our Ili Pikas' paradise.We cannot expect the United States to dictate policy rules in the region; clearly its failure to address the ISIS situation, its improper funding of terrorists (to which it claims as 'moderate rebels' is something that should be condemned by the global community). As we speak, my friend, the Straits of Djibouti is under strict patrol and protection , as with the Gulf of Aden, by the JMSDF -- as well as by the PLAN. And rightfully so is our concerns (Chinese and Japanese) since a majority of our trade and merchant fleets traverses these waters (Strait of Djibouti and Strait of Hormuz). Further military conflagration is antithetical to our sovereign national interests , and for the interest and economic vitality of Greater East Asia at that.
I believe that it is the duty of both Japan and China (both the 3rd and 2nd largest economies of the world, respectively) to court and engage Iran. Iran is not only a massive market for our goods , which will transform Southwest Asia economically, but also Iran is a major energy producer, at par with that of Russia and the United States. Iranian engagement with Japan and China is a must, and it should begin in earnest.
No more talking, more action.
PS. I am a huge proponent of China-led Silk Trade. This is the conduit for which all of Asia : Western Asia and Eastern Asia will be integrated. To the benefit of all.