Japan's PM Seals Big Deals in Central Asia
Japan’s Prime Minister Shinzo Abe embarked on his historic days-long tour of the five countries of Central Asia with a small army of businessmen, banking officials and academics in tow.
This is the first time a Japanese leader has taken all the region’s countries, as well as Mongolia, in a single visit — a clear signal of intent to expand Tokyo’s presence in an area increasingly dominated by the rival economy of China.
Energy was at the top of Abe’s agenda, as suggested by the sealing of $18 billion in deals in Turkmenistan on October 23.
“We have signed documents on a range of projects in the chemical industry and for the construction of electrical generation plants for a total value of $18 billion,” Abe told reporters in Ashgabat.
Those projects include development on the huge Galkynysh natural gas field, building of power stations in the east of the country and polyethylene and propylene production plants, according to Turkmen officials.
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