Bangladesh–Japan relations securing markets for their finished goods. In 2001, there were about 9,500 Bangladeshis in Japan. Japan recognized the People's Republic of Bangladesh on February 10, 1972, soon after its independence. Both parties celebrated thirty years of relations in 2002. Seven Japanese nationals died in the 1 July 2016 Dhaka Attacks by Islamist militants. Japanese Prime Minister Shinzo Abe said "I feel profound anger that so many innocent people have lost their lives in the cruel and nefarious terrorism." Bangladesh–Japan relations Bangladesh–Japan relations (, ) were established on 10 February 1972. By 2015, the bilateral annual trade of these two countries
Kozo Yamamoto appointed his ministerships in 2016. Yamamoto is a known advocate of reflation policies, and is one of the first to argue for using monetary easing tools to overcome deflation in Japan. As a longtime critic of the Bank of Japan's monetary tightening policies in the Diet, he chaired multiple study groups on monetary policy when the LDP was out of power, and appealed to Shinzo Abe the need for quantitative easing. Yamamoto proposed the consumption tax increase of April 2014 to Abe Shinzo, and advised swift action. He also advocated for basic allowances and various public-works projects for low-income earners