His Majesty the King supports the strengthening of business relations between Spain and Japan

State Visit to Japan by Their Majesties the King and Queen

His Majesty the King will inaugurate the 26th meeting of the Spanish-Japanese Bilateral Committee, organized by the Spanish Chamber of Commerce in collaboration with ICEX Spain Export and Investment and the CEOE.

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Su His Majesty the King will inaugurate the 26th meeting of the Spanish-Japanese Bilateral CommitteeOrganized by the Chamber of Commerce of Spain In collaboration with ICEX Spain Export and Investment and the CEOETo be held in Tokyo on April 6th. The meeting is part of the trip of State to Japan de SSMM the Kings.

 

The opening of the meeting will also include speeches by the minister of Foreign Affairs and Cooperation, Alfonso Dastis, the Secretary of State for Commerce, Maria Luisa Poncela, the Japanese Minister of Economy and Fiscal Policy, Noboteru Ishihara, and the president of the Spanish Chamber of Commerce, Joseph Louis Bonet, and will count with the participation of Joaquín Gay de Montellá, vice president of the CEOE.

 

At the meeting of Spanish-Japanese Bilateral Committee, which is chaired by the Spanish side José Manuel Entrecanales, President of Acciona, and on the Japanese side Mikio Sasaki, former president of the Mitsubishi GroupPresidents and representatives of leading Spanish companies with a significant presence in [the region] will participate. Japan and experience collaborating with Japanese companies – such as Iberia, CAF, Gestamp or Bergé y Cia-, as well as a large group of Japanese companies, among which the following stand out Mitsubishi and Mitsui &Co.

 

Japan It is the world's third-largest economy, with 127 million inhabitants with high purchasing power. The Japanese government is implementing a broad program of structural reforms to revitalize the Japanese economy through increased consumption and investment. Furthermore, Japan is negotiating with the European Union. European an ambitious free trade agreement, the conclusion of which is expected in the coming months. All of this, combined with a very stable political framework and the existence of sectors with high growth potential for business cooperation, makes Japan a partner of great strategic interest for Spanish companies.

 

Priority sectors

 

In addition to strengthening business relations between the two countries, this Bilateral Committee The aim is to showcase the collaboration opportunities opening up, both in Japan and in other markets, between companies from both countries in priority sectors such as infrastructure and high-tech industries. The meeting will also dedicate special attention to investment in human capital and executive training, drawing on the expertise of two leading Spanish business schools. IE Business School and IESE Business School. 

 

 

 

Japan is the world's third largest economy, with 127 million inhabitants with high purchasing power.

 

 

 

bilateral relations

 

Trade and investment relations between Spain and Japan They are evolving favorably and becoming increasingly diversified at the sectoral level, although barriers to market access persist for goods and services. Exports, at around €2.500 billion annually, equivalent to 1% of the total, remain very low and indicate significant growth potential.

 

However, there are multiple examples of successful collaboration between Spanish and Japanese companies, both in our own markets and in third-party markets in multiple sectors such as the food industry, renewable energy, smart cities, steelmaking, environment or automotive.

 

The progressive opening of trade to Japan and its greater integration into the global economy through the signing of ambitious trade agreements in the future, such as the one currently in the final stages of negotiation with the European UnionThey predict a significant improvement in the chances of accessing their market.

 

Bilateral Committee

 

El Spanish-Japanese Bilateral Committee was established in 1978 between the Japan Chamber of Commerce and the Higher Council of Chambers of Commerce (predecessor of the Chamber of Commerce of Spain) and has already met on 25 occasions, alternately in Japan and Spain.