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Japan/economic cooperation

Published on December 12, 2014
Communiqué issued by the Presidency of the Republic

Paris, December 10, 2014

On Wednesday 10 December, the French President had a meeting with the Club franco-japonais, which brings together the main French and Japanese companies involved in strengthening bilateral economic and trade relations.

Following the French President’s state visit to Japan in June 2013 and Prime Minister Shinzo Abe’s visit to France in May 2014, economic cooperation has been put at the heart of the Franco-Japanese partnership. Eleven thousand French companies export to Japan, three-quarters of them SMEs. France is the third-largest investor in Japan, with 400 subsidiaries. By the same token, Japan is the leading Asian investor in France, with 450 subsidiaries employing more than 70,000 people.

After presenting the economic reforms under way, the Head of State reiterated his wish to give priority to increasing the number of industrial partnerships, particularly in sectors of the future such as robotics, smart grids and innovative textiles. Finally, he called on French and Japanese business leaders to work together on the economic opportunities offered by the fight against climate change and by the energy transition./.

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