Georgia–Japan relations Tokyo, where Prime Minister Shinzo Abe mentioned to Margvelashvili that Georgia shared the same fundamental values with Japan and both leaders issued Joint Statement fully supporting the territorial integrity of Georgia, strengthening of economic relations between both countries, and other overall development objectives. Georgia–Japan relations Georgian-Japanese relations were established on August 3, 1992, just over one year since Georgia became independent from the Soviet Union. Since November 2006, Georgia has maintained an embassy in Tokyo. Japan has an embassy in Tbilisi. Japan has extended foreign aid to Georgia for various economic and cultural development projects. The balance of trade between
National debt of Japan Noda of the Democratic Party of Japan (DPJ) - passed a bill in June 2012 to double the national consumption tax to 10%. This increased the tax to 8% in April 2014. The originally scheduled 10% tax increase to be implemented in October 2015 has been delayed until at least October 2019. The goal of this increase was to halt the growth of the public debt by 2015, although reducing the debt would require further measures. The DPJ subsequently lost control of the Diet in late 2012, and Noda's successor Shinzo Abe, of the Liberal Democratic Party, implemented the "Abenomics"