Investing in Japan
Latest UpdatesJapan-U.S.-Europe Business Seminar held in Tokyo Emphasizing importance of building win-win relationship for direct investment
May 30, 2017
On March 27, the Ministry of Foreign Affairs (MOFA) of Japan held the “Japan-U.S.-Europe Business Seminar: Ringing in a Renewed Economic Relationship between Japan, the U.S. and Europe Pioneered by Mutual Investment" together with the Cabinet Office (CAO), Ministry of Economy, Trade and Industry (METI), Japan Institute of International Affairs (JIIA) and Japan External Trade Organization (JETRO) as co-organizers. The event was joined by 160 people, including from European and American companies operating in Japan, embassies in Tokyo, foreign government agencies, foreign chambers of commerce in Japan and local governments.
Economic trends and the prospects for expanding investment in Japan, the U.S. and Europe, as well as efforts for and challenges to improving the business environment in Japan and the advantages of investment in local regions of Japan were discussed intensively in the seminar.
Yasushi Akahoshi, President of JETRO, took the stage as a panelist at the panel discussion entitled “Recent Economic Trends in Japan, the U.S. and Europe and Prospect of the Further Expansion of Mutual Investment.” Mr. Akahoshi not only explained that Japan’s foreign direct investment has reached a balance with North America, Europe and Asia, but also mentioned that Japan’s inward direct investment from all three regions is expected to grow from here on out, in particular from Asian countries.
Mr. Akahoshi pointed out the importance of building win-win relationships in direct investment by bringing up examples of contributions made by Japanese companies operating abroad to employment and exports of those local economies.
Furthermore, he emphasized that governments have a role to play in developing fair and competitive environments where companies can invest based on economic rationales.
Please refer to the following website of MOFA (Japanense only) for the overview of this seminar and the details of the discussion.
|Date||March 27, 2017 (Monday) 14 : 30 - 20 : 00|
Tokai University Club
|Organizer||Ministry of Foreign Affairs (MOFA)|
Cabinet Office (CAO), Ministry of Economy, Trade and Industry (METI),
Japan Institute of International Affairs (JIIA), Japan External Trade Organization (JETRO)
|Attendants||Approximately 160 people|
|Opening remarks||Mr. Kentaro Sonoura, State Minister for Foreign Affairs|
|Keynote speech 1||
Mr. Lewis Libby, Senior Vice President of Hudson Institute
|Keynote speech 2||
Mr. Markus J. Beyrer, CEO of BusinessEurope
|Panel discussion 1||
“Recent Economic Trends in Japan, the U.S. and Europe and Prospect of the Further Expansion of Mutual Investments”
|Panel discussion 2||
“Toward Improvement of the Business Environment: Progress and the Next Steps”
|Panel discussion 3||
“Foreign Direct Investment in Local Regions of Japan – Mutually Beneficial Relationship: Benefits for Investors and Revitalization of Local Communities”
|Closing remarks||Mr. Toshinao Nakagawa, Parliamentary Vice-Minister of Economy, Trade and Industry (METI)|
Opening remarks by Mr. Shunsuke Takei, Parliamentary Vice-Minister for Foreign Affairs
Remarks by Mr. Francesco Fini, Minister and Deputy Head of Delegation, Delegation of European Union to Japan