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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 ...
The surplus reached a record US$18.2 billion in 1978, promoting considerable tension between the United States and Japan. In 1979 petroleum prices jumped again, and Japan's trade balance again turned to deficit, reaching US$10.7 billion in 1980. Once again, rapid export growth and stagnant imports returned Japan quickly to surplus by 1981. For ...
There are a number of organizations for Nigerian immigrants in Japan. The Nigerian Union in Japan, the oldest one, was founded in 1990. The Nigerian Union restarted twice, most recently in 2010. The Imo State Union, founded in 2002, replaced it to become the largest and most active, and has formally applied for non-profit status under Japanese ...
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. [171] 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 Treaty of Amity and Commerce between Japan and the United States (日米修好通商条約, Nichibei Shūkō Tsūshō Jōyaku), also called the Harris Treaty was a treaty signed between the United States and Tokugawa Shogunate, which opened the ports of Kanagawa and four other Japanese cities to trade and granted extraterritoriality to ...
Imports and exports totaling the equivalent of nearly US$1.309.2 Trillion in 2017, which meant that Japan was the world's fourth largest trading nation after China, the United States and Germany. Trade was once the primary form of Japan's international economic relationships, but in the 1980s its rapidly rising foreign investments added a new ...
Japan–United States relations continued to evolve throughout the Cold War and into the 21st century, with periods of cooperation and occasional trade disputes. The two nations maintain strong economic ties, and Japan is a crucial ally of the United States in Asia.
Japan's largest trading partner in Africa in 1990 was South Africa, which accounted for 30% of Japan's exports to Africa and 50% of Japan's imports from the region. Because of trading sanctions imposed on South Africa by the United States and other countries, Japan emerged as South Africa's largest trading partner during the 1980s. This ...