The current situation, challenge and perspective of the economic relations between Japan and Central Asia

Abstract

In this paper, from the perspective of economic exchange between Japan and Central Asia (Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan), the current situation and challenge, as well as future prospects, will be described through the work of promoting trade and investment.

One of the characteristics of economic exchange between Japan and Central Asia is that the forms and fields of business developed by the target countries differ significantly, and one is that the public and private sectors are working together unexpectedly. One can point out that neither Japan nor the target countries can be decisively important economic partners, and as a result, exchanges remain at a low level.

The lack of information is at the top of the challenge in developing economic exchanges between Japan and Central Asia. Also the difficulty of logistics, the vulnerable foreign exchange circumstances and the compliance problem are major bottleneck for commercial activities for Japanese companies.

Although rosy expectations for future economic exchanges are forbidden, there are several directions for efforts that can contribute to building win-win relationships.