Japan increases presence in Laos, Cambodia

Japan will ink aviation agreements with Laos and Cambodia allowing carriers to open direct fights to the two Southeast Asian nations, Vientiane Times reported on January 13.
Japan will ink aviation agreements with Laos and Cambodia allowing carriers to open direct fights to the two Southeast Asian nations, Vientiane Times reported on January 13.

The signing is expected to take place during Japanese Deputy Foreign Minister Kazuyuki Nakane’s visits to Laos and Cambodia later this week.

Once these agreements enter into force, Japan will have aviation deals with the ten ASEAN member states.

Japan hopes such agreements will further promote economic and tourism exchange activities, particularly when Tokyo have increased investment in the two countries in recent years.

Japan’s statistics show that by the end of 2014, Laos was home to 120 Japanese investors, doubling the 2012 figure. Japanese tourist arrivals to the Southeast Asian country numbered nearly 50,000 in comparison with 30,000 in 2009.

Meanwhile, last year saw 170 Japanese businesses investing in Cambodia, a sharp increase over 40 companies five years ago. The number of Japanese visitors to Cambodia surpassed 200,000 in 2013.-VNA

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