Iran seeks larger role in international financial institutions

A South Korean industrial delegation concluded its Iranian visit with agreements on participation in gas, petrochemical and industrial projects. Announced cooperation was not completed investment.

MEES reported a budget draft based on planned production of 3.57 million barrels daily. The budget assumption was not a measurement of achieved production.

MEES reported a protocol for Soviet assistance with Iranian nuclear power projects, including Bushehr. An agreement in principle did not mean a reactor was operating.

Resolution 651 continued UNIIMOG’s mandate to monitor the ceasefire and withdrawal. Iran’s border security remained subject to international observation.

Rafsanjani said Iraq had signaled interest in lasting peace but that Iran still lacked confidence in Baghdad’s goodwill. His statement responded to a new presidential letter.

Amoco and Iranian parties signed a settlement of an investment dispute. Resolving this prewar commercial claim was separate from obtaining compensation for Iraq’s wartime damage.

Rafsanjani said he would require UN involvement in any meeting with Saddam Hussein about durable peace. Iran sought to retain the international framework around direct negotiations.

The Court extended deadlines for the initial written pleadings.

A French parliamentary answer described continuing Franco-Iranian negotiations and arbitration. It documented an unresolved dispute, not a final settlement.

Velayati and Aziz met directly in Geneva as efforts to formalize peace revived. The meeting reopened a route for bilateral bargaining alongside the UN process.