TOKYO (Halbeeg News) – Somali government and Japan on Monday signed an agreement on investment in the capital city of Japan, Tokyo.
The director of International Cooperation of the Ministry for Foreign Affairs, Dahir Salad Hassan has met with officials from Japan International Cooperation Agency (JICA) on future cooperation between Somalia and Japan.
Mr. Hassan who is Japan has penned the deal on behalf of the Somali government.
In a statement, Somali ministry for Foreign Affairs said the sides discussed on the renewal of the previous agreement between Somalia and Japan.
According to Japan, the Asian country has contributed about $300 million to the Federal Government of Somalia, out of which $100 million is directed to security since 2007.
Some of Japan owned companies have restarted their operations in Somalia.
Mid this year, the automotive giant motor Toyota Corporation had resumed its operation In Mogadishu after 27-year hiatus.
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