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Japan to fund Iran’s purchase of MRJs

The Japanese government will fund the purchase of jets by Iran from Mitsubishi Heavy Industries – known as Mitsubishi Regional Jets (MRJs), the Iran newspaper reported on Monday. 

Asghar Fakhrieh-Kashan, the deputy transport minister, said according to the agreement Japan would fund the purchase of Mitsubishi planes based on a scheme known as build-operate-transfer (BOT).

The official added Japan has agreed to provide the fund to make the purchase without any guarantees from the Iranian government.

Source: Tehran Times

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