HomeGreeceMouthpiece Minister of Foreign Affairs Kostas Fragogiannis and Secretary-General for International Economic...

Mouthpiece Minister of Foreign Affairs Kostas Fragogiannis and Secretary-General for International Economic Matters, Vicky Loizou participate in a business mission to Japan, led by Prime Minister Kyriakos Mitsotakis (Tokyo, 29-31. 01. 2023)

The delegation to Tokyo was also joined by the Minister of Digital Governance Kyriakos Pierrakakis, accompanied by institutional marketplace players, the President from the Administrative Committee of the Athens Chamber of Commerce plus Industry Sofia Kounenaki-Efraimoglou as well as the President of the Board of Directors of SEV Hellenic Federation of Enterprises, Dimitris Papalexopoulos.
Japan business community’s and Japanese investment funds’ increased interest in doing business in Greece was confirmed during a three-day trip to Tokyo by a government and business delegation on 29-31 January, led by Primary Minister Kyriakos Mitsotakis and with the participation of the Deputy Foreign Minister for Economic Diplomacy and Openness, Kostas Fragogiannis and the Secretary-General for Global Economic Affairs and Openness, Vicky Loizou.
Ms. Loizou, for her part, stated that the Memorandum of Understanding she agreed upon, on behalf of Enterprise Greece, with its Japanese counterpart JETRO, during the Greek-Japanese Business Forum held on Tuesday, January thirty-one, “confirms the willingness associated with both parties to work closely with each other and is only the first step towards a common path associated with strategic initiatives and the development of joint actions”.
In the context from the business mission to Tokyo, in addition to the Memorandum of Assistance between Enterprise Greece and JETRO, a Memorandum of Cooperation was also signed between Hellenic Export Credit Organization S. A., ECG, as well as the corresponding Japanese entity NEXI. The Memorandum was authorized by the CEO of ECG, Mr. G. Stamatopoulos, within the presence of the Secretary-General, Ms. Loizou, who also resolved the meeting. The aim of the particular Memorandum is to institutionalize cooperation and explore mutual opportunities for insurance, reinsurance, and co-insurance services for exports of goods and services between two countries.
Deputy Minister K. Fragogiannis, associated with the Secretary-General for Energy and Mineral Resources Alexandra Sdoukou met with Mitsubishi Heavy Industries’ Head of Strategy Development for Power Systems, Hitoshi Kaguchi, that presented the company’s latest technological projects while conveying the Japanese giant’s interest in Greece’s energy policy. The discussion focused on the possibilities of cooperation in order to better harness brand new technologies for the production and storage of hydrogen being a form of green energy.
The representatives of the 19 leading Greek enterprises taking part in the business delegation also expressed their satisfaction with the level of contacts and the prospects of rapprochement with the Japanese business world and the Japanese market, as more than 90 targeted B2B meetings were held with their Japanese counterparts from the energy, high-tech, and shipping areas.
Mr. Fragogiannis expressed their satisfaction with the atmosphere he or she encountered during his conferences with Japanese entrepreneurs. “I am optimistic that we can very soon announce partnerships plus investments in green energy, tourism, and high technologies, especially space and biotechnology”, he stated emphatically.
During the check out, Deputy Minister K. Fragogiannis and Secretary-General V. Loizou accompanied Prime Minister Kyriakos Mitsotakis in his meetings with Japanese government officials and representatives of investment money, banks, and enterprises. Additionally , they had a bilateral meeting with the Japanese State Minister pertaining to Foreign Affairs, Kenji Yamada, during which they discussed potential clients for strengthening bilateral trade and economic relations more broadly, with emphasis on power, tourism, pharmaceuticals, high technology, and innovation. They also addressed ways to promote economic assistance at regional level in the Western Balkans and the South-Eastern Mediterranean.


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