In a sign of strengthening economic relations between Israel and Japan, Amit Lang, Director General of the Israeli Ministry of Economy, has inaugurated a new Osaka branch of the ministry’s Japan trade mission.
Lang is also heading a business delegation of Israeli automotive supply companies as part of his working visit to the country.
“Over the past year, there has been a noted increase in the interest of Japanese companies in Israel in a variety of fields, evidenced by the arrival of Japanese companies to Israel and their willingness to host Israeli companies in Japan”, said Lang. “Establishing a trade office in Osaka together with the backing the Israeli Ministry of Economy gives companies active in Japan bolsters their ability to break into the Japanese market and their chances of success”.
The goal of the Israeli delegation, organized with the Israel Export Institute, is to create business ties between Israeli companies and potential business partners in the field of auto services in an effort to increase exports to Japan. It also aims at presenting Japanese companies with possibilities of investing in Israel.
The goal of the Israeli delegation, organized with the Israel Export Institute, is to create business ties between Israeli companies and potential business partners in the field of auto services in an effort to increase exports to Japan. It also aims at presenting Japanese companies with possibilities of investing in Israel.
According to the Foreign Trade Administration at the Israeli Ministry of Economy, trade between Israel and Japan reached US$2.3 billion in 2014, with exports reaching US$800 million and imports US$1.5 billion.
