MANHASSET, N.Y. The Japan External Trade Organization, a Japanese government entity that promotes trade and investment relations between Japan and other nations has extended the registration deadline for their business partnering program from March 18 to April 12.
The program gives U.S. executives a chance to assess market opportunities in Japan and develop possible partnerships and alliances. Executives will participate in the program from May 15 through May 21 in the Greater Nagoya and Tokyo regions.
The program matches a number of potential Japanese companies for one-on-one meetings to discuss business partnerships, strategies, products, technologies and financing. The program is targeted to U.S. companies in the ICT (information and communications technology) sector. Other targeted sectors include biotechnology, medical care and environment.
U.S. companies participate in this program at no cost and one-on-one meetings coincide with a business briefing at the 2005 World Expo, in Aichi, Japan.
Greater Nagoya accounts for more than 40 percent of Japan's production in the automotive, machine tool, electronic device and new materials industries. The region boasts 45 universities and technical colleges.
In a January 2003 policy address, Japanese Prime Minister Junichiro Koizumi set the goal to double Japan's total foreign direct investment in five years time, with JETRO as one of the principal bodies to help realize this goal. The Japanese government has initiated major policy and legislative changes to open up markets, accelerate business investment decisions and reduce transaction costs.
"This program is entirely designed to make doing business in Japan easier and more profitable," said Masahiko Hosokawa, president of JETRO New York. Registration forms are available at the JETRO New York Web site.