Investment and Trade Promotion Policies: Gulf and Japan’s Non-energy Sector Interdependence

Abstract

This chapter will clarify – via a range of aggregated statistical data – economic interactions between the GCC countries and Japan that are deemed necessary to solve these questions. First, we summarise trade and investment promotion policies between the GCC countries and Japan, following which we analyse changes in economic relations in trade, foreign direct investment, bank lending and business expansion. Finally, we evaluate changes in “interdependence” between the two trading blocs. In this chapter, therefore, Section 2 presents the findings of previous research on trade, direct investment, firm entry and changes in trade policies. Section 3 summarises the investment promotion policies of the GCC countries and Japan, and Section 4 analyses changes in economic relations with reference to trade and foreign direct investment (FDI) statistics, and to trends in overseas affiliations. Finally, the last section concludes on the interdependence of the GCC countries and Japan.