SWF Radar

An open source news service of Oxford International Review

Japan must attract SWF investment, new trade minister says

Posted by Editor on August 04, 2008 at 08:15 AM

Bloomberg reports that, “Japan’s new trade minister said his country must step up efforts to attract investments by sovereign wealth funds in a bid to sustain the country’s economic growth. ‘Our basic stance is to welcome those investments by state funds from Middle Eastern nations and the U.S.,’ Minister of Economy, Trade and Industry Toshihiro Nikai told reporters in Tokyo today.”

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