FROM THE JULY 30, 2014 ISSUE
What's Brought Japan's Abe to Latin America?
Japanese Prime Minister Shinzo Abe is in the midst of a nine-day tour of Latin America and the Caribbean, visiting Mexico, Trinidad and Tobago, Colombia, Chile and Brazil. Why is Abe visiting the region now? What opportunities are there for Japanese economic cooperation in the region? Compared to recent decades, how important is Latin America to Japan's future, and how does the region view Japan?
Claude Heller, former Mexican ambassador to Japan: "Mexico and Japan have a longstanding friendship. Nevertheless, for nearly 10 years no Japanese prime minister made an official visit to Mexico. Since Junichiro Koizumi's trip in 2004, many events have taken place. Japan now has a stable government with the election of Abe in 2012 after a lack of continuity of top leadership. Meantime, relations between Mexico and Japan evolved impressively after the countries implemented their 2005 Economic Partnership Agreement (EPA) to facilitate trade, investment and bilateral cooperation. Japanese companies have announced investment projects for more than $16 billion since the EPA entered into force. Only in the last two years, the number of Japanese companies in Mexico..." MORE
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