Financial and Banking News
Japan Narrows Trade Gap With UAE
Japan's trade deficit with the UAE narrowed slightly in the first half of1993, despite an increase in Japan's crude oil imports from the Emirates.Figures from the Japanese External Trade Organization (Jetro) show that crudeoil accounted for 81% of Japanese imports from the UAE during the first half,and were valued at $3.73bn. Oil imports averaged 1.098mn b/d. The value ofexports from...