JAPAN HAS BEEN a relevant and significant partner for Britain for much of the last l50 years. Some British politicians and businessmen have, however, recently been giving so much attention to China that Japan's importance for Britain has sometimes seemed to be overlooked or at least given less priority. This is unwise.

Japan has the third largest economy in the world in GDP terms and in GDP per person Japan far exceeds China. Japan has a population over double that of the United Kingdom. It has a well-educated work force including a high proportion of technically qualified engineers. Its culture, both historical and contemporary, attracts worldwide interest and admiration. Trade between Britain and Japan is significant to both countries. Japanese direct investment in Britain has not only ensured the survival of the British motor manufacturing industry but has contributed significantly to the improvement of quality standards. Japanese firms have provided numerous jobs in areas of high unemployment and have helped to revive areas in Scotland and Wales as well as in the northeast, the northwest and the midlands in England. Japanese banks and security houses have a significant presence in the City of London and Japanese funds and financial strength have been vital factors in the growth of the British economy.

The Japanese market is not as large as that of China, but it is mature and Japan has a sophisticated economy. It is true that today Japan faces testing times. Prime Minister Abe's ‘three arrows’ (fiscal stimulus, monetary easing and structural reforms) have not yet overcome deflation. Japan feels threatened by the growth of China's defence capability and troublesome issues with China have yet to be resolved. But, through its location and its economic and political power, Japan is of strategic importance to peace in Asia. Japan is moreover a parliamentary democracy and the rule of law prevails. The same cannot be said of China.

As a country with world political and economic interests, it is important that British people should have a good understanding of modern Japan. Britain needs a corps of Japanese experts to work in business, diplomacy, finance and education.