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 economic
co-operation that have developed between Japan and the Gulf States
both in energy and other areas. It considers the measures that have
been taken to protect the security of oil supply. It reports
Japan's co-operation in the development of the petroleum industry
in the Arab Gulf States. The book also examines the future
prospects for economic, technological and political co-operation
between Japan and the Arab Gulf States.
General
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