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In 1988 Japan imported US$6.9 billion of machinery from the United States, of which computers and computer parts (US$2.4 billion) formed the largest single component. [165] In the category of transportation equipment, Japan imported US$2.2 billion of aircraft and parts (automobiles and parts accounted for only US$500 million). [165] [needs update]
See Egypt–Japan relations. Japan considers Egypt to be a key player in the Middle East and, as such, sees Egypt as a vital part of its diplomacy in the region. [134] The two heads of government have been known to support each other on issues pertaining to the peace process in the Middle East. [135]
As Japan needed a jump start on this manufacturing and restructuring, Japan began joining international organizations, like the IMF and the World Bank. [9] In August of 1952, Japan became a member of the World Bank, [10] a decision supported by U.S. [11] A year later, in 1953, Japan received loans from the World Bank to start development ...
Japan's financial and policy positions become more prominent. Tokyo had assumed a leading role at the Asian Development Bank for a number of years. At the World Bank, Japan's voting share represented about 9.4 percent, compared with 16.3 percent for the United States.
Changes in world economic relations during the 1970s also encouraged a more independent stance. Japan had become less dependent on the Western powers for resources. Oil, for example, was obtained directly from the producing countries in the Middle East and not from the Western-controlled multinational companies. Other important materials also ...
Japan and the United States have held formal international relations since the mid-19th century. The first encounter between the two countries to be recorded in official documents occurred in 1791 when the Lady Washington became the first American ship to visit Japan in an unsuccessful attempt to sell sea otter pelts.
TOKYO (Reuters) -Japan imposed asset-freeze sanctions on four individual Israeli settlers for violence against Palestinians in the West Bank, the government's top spokesperson said on Tuesday.
The relationship between the United States and Japan was minimal before 1853 due to Japan's self-imposed isolation from the world, which lasted over two centuries. The Japanese government issued the "Sakoku" policy in 1633, prohibiting foreigners from entering Japan and Japanese from leaving the country under penalty of death.