Japanese stocks fell more than 1% in trading on Friday, pushing the Nikkei below 28,000 points as measures began to ease entry restrictions on foreign tourists. Today, Japan began easing restrictions on the entry of foreign tourists, but the number of arrivals who are still allowed to enter the country does not exceed 20,000 per day, and they are only allowed on excursions to ensure that preventive measures are followed.
Japanese Prime Minister Fumio Kishida is faced with the need to ease further restrictions as a joint statement released today by the Japan Business Federation, the Japan Chamber of Commerce, the US Chambers of Commerce and other G7 countries calls for its lifting. daily limit on the entry of foreigners into the country. The statement also calls for the reinstatement of visa exemptions for business travelers when individual tourist travel resumes, among other measures called for in the statement, to better align Japan’s entry policy with those of the rest of the G7 countries.
The Nikkei ended the session down 1.49% to 27,824, pressured by a 2.01% drop in Soft Bank shares, while the broader TOPIX fell 1.32% to 1943. The Japanese currency rose 0.35% to 133.89 yen against its US counterpart at exactly 09:54 Beirut time.
Source: El Iktisad
