Connect with us

Hi, what are you looking for?

Jewish Business News

Money

Japanese economy minister Toshimitsu Motegi leads delegation to Israel


Japan and Israel will sign an R&D collaboration agreement.

 

The Japan Growth Context: Toshimitsu Motegi

Japanese Minister of the Economy, Trade and Industry Toshimitsu Motegi arrived in Israel this morning for an official visit. The visit came about through an invitation made by Israeli Prime Minister Benjamin Netanyahu when he met the minister on his recent visit to Japan. Motegi heads a delegation of senior officials of his ministry (which has responsibility for Japanese industry, industrial research and development and promoting cyber technology) and representatives of Japanese firms.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

The Japanese delegation will participate in a seminar at which opportunities for economic and commercial cooperation between the two countries will be presented. The seminar is organized by the Foreign Trade Administration in the Ministry of the Economy and JETRO (Japan External Trade Organization).

Minister of the Economy Naftali Bennett welcomed the visit, saying, “We continue our efforts to strengthen economic ties with the countries of East Asia, one manifestation of which is the agreement for parallel support of industrial R&D carried out jointly between Japan and Israel. This agreement represents a breakthrough achievement and a dramatic change in Japanese policy on economic relations with Israel. International R&D collaborations are a lever of the utmost importance for Israeli companies seeking to break into new markets, and this agreement, which will be signed in the course of the visit, will be a platform for joint initiatives and promoting innovation. The agreement will give Israeli companies access to the Japanese market.”

The Foreign Trade Administration reports that Israeli exports to Japan totaled $762 million in 2013, down 20% from $953 million in 2012. One reason for the decline is the drastic devaluation of the Japanese yen, which lost 25% of its value in ten months. Imports to Israel of Japanese goods totaled $1.4 billion in 2013, compared with $2.08 billion in 2012.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Leadership

Jews are disproportionately represented on the roster of the richest business people, with 10 Jews among the top 50 (20%), and 38 (19%) Jews...