Daily Sabah (Turkey)

Japanese envoy promotes investment in Turkey

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JAPAN’S ambassador in Ankara said he encourages Japanese businesspe­ople to invest in Turkey.

Akio Miyajima said one of the important issues between Turkey and Japan is how to maximize potential trade.

“I keep encouragin­g them [Japanese businesspe­ople] to come over here and talk with Turkish businesspe­ople,” he was quoted as saying by the Anadolu Agency (AA).

Miyajima said Japanese businesspe­ople want “some stability,” and that he is encouragin­g them saying assets are currently much cheaper in Turkey and “a good profit can be made” given Turkey’s potential for long-term developmen­t.

Noting the accelerati­on of the Japan-Turkey Economic Partnershi­p Agreement (EPA), Miyajima said that the two countries will hold another round in the Turkish capital in December to have a basic agreement by the time President Recep Tayyip Erdoğan visits Japan in June for the G20 summit to “finalize it.”

“That is going to bring trade and investment opportunit­ies for both businesses, so because Japan has already had an economic partnershi­p agreement with the EU and AsiaPacifi­c countries,” he said.

Miyajima added, “Turkey is going to be able to have an economic partnershi­p agreement with Japan - that is not just going to be a Turkey-Japan trade and investment, but Turkey is going to be connected to Europe and Asia-Pacific.”

The ambassador said that this will “maximize the kind of potential” between the two countries. Recalling last September’s business conference held in Istanbul, Miyajima said that 100 Japanese CEOs came to meet 400 Turkish businesspe­ople to discuss improving trade, investment and cooperatio­n in African countries.

The 24th Turkey-Japan Business Council Joint Meeting was organized by the Turkish Foreign Economic Relations Board (DEİK).

“Japanese CEOs were a little bit hesitant to come to visit Turkey because of the persistent image, the perception that maybe Turkey is still not a safe place. But of course in September everybody was happy,” he added.

Miyajima said people were more enthusiast­ic to visit Turkey, noting that the growth of Japanese tourists traveling to the country reached 80 percent in the first six months of 2018. “We are now hoping that by the end of this year we are going to have around 100,000 Japanese travelers, but I am aiming [for] much, much more,” he added.

Miyajima said that the upcoming visit of Turkey’s Culture and Tourism Minister Mehmet Nuri Ersoy in November could also contribute to cooperatio­n in tourism for 2019.

On the three-day official visit of Turkish Foreign Minister Mevlüt Çavuşoğlu to Japan on Nov. 4-6, Miyajima said that it was a “very successful visit.”

In regards to the year 2019 which will be celebrated as the Year of Turkish Culture in Japan, the ambassador said Çavuşoğlu’s visit was also the “groundwork” for the visits in the upcoming year.

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