The Land of the Ever-Rising Sun: Japan and Israel
In January 2019, approximately 200 representatives from nearly
100 Japanese companies, including Mitsubishi and Toshiba,
accompanied the Japanese Minster of the Economy, Hiroshige Seko to
Israel. They attended meetings of the Japan Israel Innovation
Network ("JIIN"), whose goal is to advance and strengthen
economic cooperation between Japan and Israel and which has
organized business networking for more than 1,000 companies through
more than 50 events.
120-fold increase in Japanese investment in Israel
And certainly, there are strong grounds for optimism. When
Japanese Prime Minister Abe visited Israel in May 2018, he
announced that economic relations of the two countries was
developing at an exponential level. Compared to the time the second
Abe Administration started in 2012, the number of Japanese
companies in Israel increased almost three-fold from 25 to 70, and
Japanese investment in Israel increase from 1.1