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Japan recognized Nigeria as a nation on 1 October 1960, by formally establishing diplomatic relations between the two countries. Politicians of both countries have visited each other's countries to strengthen economic ties such as the 2001 visit of Yoshiro Mori and the 2001 and 2004 visit of Olusegun Obasanjo along with a 2009 visit from the then future president of Nigeria, Goodluck Johnathan ...
By 1972 Japan's surplus had climbed to US$5.1 billion, despite the reevaluation of the yen in 1971. The jump in prices of petroleum and other raw materials during 1973 plunged the balance of trade into deficit, and in 1974 the deficit reached US$6.6 billion. With strong export growth, however, this was reversed to a surplus of US$2.4 billion in ...
The United States is a major market for Japanese exports and a major source of Japanese imports, and is committed to defending the country, with military bases in Japan. [129] In 2016, Japan announced the Free and Open Indo-Pacific vision, which frames its regional policies.
The largest European suppliers to Japan were West Germany (US$11.5 billion), France (US$7.6 billion), and Britain (US$5.2 billion). Traditionally, West European countries had trade deficits with Japan, and this continued to be the case in 1988, despite the surge in Japan's imports from them after 1985.
About Wikipedia; Contact us; Contribute Help; ... Pages in category "Foreign trade of Japan" ... Trade policy of Japan;
Japan's aid to the ASEAN countries totaled US$1.9 billion in Japanese fiscal year (FY) 1988 versus about US$333 million for the United States during U.S. FY 1988. [172] As of the late 1980s, Japan was the number one foreign investor in the ASEAN countries, with cumulative investment as of March 1989 of about US$14.5 billion, more than twice ...
The realignment of United States and Japanese currencies in the mid-1980s increased the growth of Japanese trade, aid, and investment, especially in Asia. It also accelerated the reversal of the United States fiscal position, from one of the world's largest creditors in the early 1980s to the world's largest debtor at the end of the decade.
The first Americans came to Japan in 1791 aboard two merchant vessels from Massachusetts which landed at Kushimoto, Wakayama, south of Osaka.Because of the isolationist sakoku policy of the Tokugawa shogunate, the vessels landed under the pretense that they were taking refuge from a storm.