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Japan Inc. agrees to explore opportunities in Saudi Arabia

Obstacles remain before economic projects can begin on the ground

Hiroshige Seko, Japan's minister of economy, trade and industry, stands to start a Tuesday meeting between Japanese and Saudi officials.

TOKYO -- Toyota Motor, JX Holdings and other major Japanese corporations signed on to a wide range of economic projects with Saudi partners on Tuesday, raising hopes of increased Japanese investment in the Middle Eastern kingdom.

Saudi King Salman's four-day visit to Japan from Sunday has yielded 11 agreements between the Japanese and Saudi governments and a total of 20 memorandums of understanding among the private sector businesses.

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