The Arab Gulf States and Japan

During the 1970s and ‘80s economic relations between the Arab Gulf States and Japan grew enormously. Approximately 65% of Japan’s oil requirements were met from Arab Gulf resources. However, although Japanese imports of Arab oil comprise the major component of trade, Arab imports of Japanese goods are also increasing sharply. The seven Arab Gulf countries, represented by the Petroleum Information Committee accounted for 8% of Japan’s total exports. This book explores the various avenues of ...