Bahrain–Japan relations Bahrain–Japan relations Bahrain–Japan relations () refers to the historic and current bilateral relationship between Bahrain and Japan. Diplomatic relations were first established in 1972, and since then they have had increasing economic, cultural, and military cooperation, with Japan becoming one of the major trading partners of Bahrain. Several high-level official visits have taken place, including by King Hamad bin Isa Al Khalifa to Japan in 2012, Crown Prince Salman in 2013, and Prime Minister Shinzo Abe to Bahrain in 2013, with the governments of both countries expressing their intent to continue to increase their bilateral relations. Japan recognized the kingdom
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"