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Japan Inc. cautiously taking steps to export infrastructure to Iran

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Some estimates suggest that Iran needs 1,500 more subway cars over the next decade.   © Reuters
RYOSUKE HANAFUSA and TAKESHI KUMON, Nikkei staff writers | Middle East

TOKYO/DUBAI -- With last year's historic nuclear deal lifting some Western sanctions on Iran, Japanese companies are tiptoeing back to the Middle Eastern country, torn between the lure of business opportunities and high geopolitical risks.

Magnet for foreign companies

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