THE TIMES OF CANADA NOV 2020
DOING BUSINESS
WITH
JAPAN
H
ere are some interesting facts about Japan. It is one of the most prosperous and stable economies of the world. It is ranked as the 3rd largest economy globally which is a great accomplishment considering the geographical size of the country. It is also one of the largest direct investors
of the US economy responsible for investing roughly USD 50 billion to the US economy. Japan is part of the transpacific partnership; whose countries are responsible for producing 40% of the world’s GDP. The top exported goods in Japan (mainly from US) are civilian airplanes, engines, medical equipment,
pharmaceutical, meat/poultry and corn. Recent reforms done by the Japanese government by loosening regulations has stimulated the economy and created tremendous opportunities for all types of foreign investors. Japan has an extremely low unemployment
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