Japanese Companies Keen to Cooperate With Iranian Start-Ups
Japanese Companies Keen to Cooperate With Iranian Start-Ups
In the meeting of the Director of the Middle East and Africa Division of Trade Policy Bureau of Ministry of Economy of Japan Mr. Miyake Yasujiro with the head of the Economic Innovation and Digital Transformation Commission of the Tehran Chamber of Commerce, Industry, Mine and Agriculture (TCCIMA), the parties emphasized the development of economic and commercial relations between Iran and Japan, especially in the field of digital economy and cooperation on the development of start-ups.

TEHRAN (Iran News) – Tehran Chamber of Commerce, Industries, Mines and Agriculture in the past days, in addition to hosting several business delegations from neighboring countries, also had guests from the Far East.

The Director of the Middle East and Africa Division of Trade Policy Bureau of Ministry of Economy of Japan along with a delegation from the economic department of the Japanese Embassy in Iran came to the Tehran Chamber to learn about Iran’s economic potential and to discuss the areas of cooperation between the two countries in negotiations with the head of the Economic Commission for Innovation and Digital Transformation and some managers of the chamber.

In the meeting, Head of Japan External Trade Organization (JETRO) Takayuki Suzuki said that economic activities in the sanctions are difficult, adding that due to the growth of start-ups in Iran, Japanese Companies are keen to cooperate and broaden cooperation with Iran and JETRO is keen to know which start-ups in Iran have grown and become successful.

Japan Economy Ministry official Mr. Yasujiro, for his part, said that the goal behind his visit to Tehran is to know economic capacities of Iran despite sanctions and called for more details and information on the current status of some industries in Iran like auto-making, start-up ecosystem and Iranian universities. He then talked about possibility of cooperation in the field of start-ups and extending these cooperation to the scientific and university fields.

JETRO, or the Japan External Trade Organization, is a government-related organization that works to promote mutual trade and investment between Japan and the rest of the world. Originally established in 1958 to promote Japanese exports abroad, JETRO’s core focus in the 21st century has shifted toward promoting foreign direct investment into Japan and helping small to medium size Japanese firms maximize their global export potential.