Minister Verhagen in Japan to promote investment and trade

Minister Verhagen of Economic Affairs, Agriculture and Innovation will visit Japan from Tuesday 21 to Wednesday 22 February 2012. During his visit he will meet with Japanese ministers and business leaders to discuss improving market access and investment opportunities.

Minister Verhagen will visit Tokyo where he will meet with his counterparts from the Ministries of Economy, Trade and Industry and Agriculture, Forestry and Fisheries to discuss free trade and improved market access for Dutch agricultural products.

The visit will also be an opportunity for various meetings between business representatives from Dutch top sectors and prospective Japanese partners such as Mitsubishi Heavy Industries, Astellas, Menicon, Omron, Yusen Logistics and Nippon Express. Minister Verhagen will also meet with the heads of Canon, Fujifilm and Mitsubishi Motors Corporation.

During discussions with the head of Mitsubishi Motors, Minister Verhagen will stress the importance of sticking to the agreed redundancy plan and the cooperation of MMC in the possible sale of NedCar.

Japan is the world’s third largest economy and the second largest investor in the Netherlands outside Europe. Over 450 Japanese companies are located in the Netherlands, and together they generate some 34 thousand jobs and revenues of over 12 billion Euros. The top sectors of high tech, life sciences, agro-food, chemicals, energy and water could reap benefits from stronger economic ties with Japan.

Following the Minister’s visit, a mission from the Dutch horticultural sector will also visit Japan. There is considerable demand for Dutch knowledge and expertise in the areas affected by the tsunami.