Isuzu Mulling Biz Expansion in Iran

Tokyo, Feb. 8 (Jiji Press)--Isuzu Motors Ltd. <7202> is considering expanding its business in Iran following the recent removal of the Japanese government's economic sanctions on Tehran, a company official said Monday. The Japanese commercial vehicle maker is apparently aiming to increase exports of parts for light-duty trucks while watching the economic situation in Iran. Currently, a local company in Iran assembles such trucks using parts shipped from Isuzu and sells them in the country. When the economic sanctions were in place, the period for parts shipments had been limited. At a press conference, Isuzu Managing Executive Officer Makoto Kawahara said, "We will work on expanding our operations in Iran even more actively once the economic sanctions are fully removed." END