Iran’s investment environment is not attractive and the country should take measures to improve the situation if it wants to lure Japanese firms, Deputy Foreign Minister Minoru Tanba told his Iranian counterpart, Mohsen Aminzadeh, on Monday.

Tanba made the remarks in response to Iran’s call for increased investment from Japanese firms, ministry officials said. Tanba said Iran’s frequent alterations to investment rules, for example, should be rectified and incentives should be given to foreign investors.

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