Japan, Arab nations see expanding economic ties: League

DNE
DNE
1 Min Read

GAMMARTH: Exports from Arab nations to Japan more than tripled last year, while Japanese investment hit $4 billion, the head of the Arab League said at an economic forum on Saturday.

Arab exports to Japan rose from $36 billion in 2008 to $136 billion last year, making Japan the third largest market after the European Union and the United States, Secretary General Amr Moussa said during the opening of an economic forum at Gammarth near Tunis.

Japanese investment increased from $1.5 billion in 2005 to $4 billion in 2009, he said.

"This economic forum aims to establish a global partnership between Arab nations and Japan, and offer the opportunity to create effective new mechanisms that reflect the common interests of advanced nations, emerging nations and developing nations," Moussa said.

 

Share This Article