Disaster in Japan Stops Exports

Business › Economy ♦ Published: March 18, 2011; 08:00 ♦ (Vindobona)

Current events in Japan have an impact on foreign trade. About 70 Austrian companies are affected.

Disaster in Japan Stops Exports / Picture: © Vindobona.org

The precarious situation in Japan will have an impact on foreign trade. Japan is still the third-largest Austrian trading partner outside the EU, after China and the U.S.

The foreign trade office in Tokyo believes that the hard-hit Japanese economy will result in a direct impact for the local branches of foreign companies. The environmental disaster has occurred in midst of a…

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