Special Focus: About Japan External Trade Organization (JETRO), Developing partners of Trade Nigeria Organization

     

The Japan External Trade Organization (JETRO) is an Independent Administrative Institution established by Japan Export Trade Research Organization as a nonprofit corporation in Osaka in February 1952. It was reorganized under the Ministry of International Trade and Industry (MITI) in 1958 (later the Ministry of Economy, Trade and Industry or METI), and became an Independent Administrative Institution in 2003 to consolidate Japan's efforts in export promotion. The government has provided more than half of JETRO's annual operating budget. As of January 2020, JETRO maintained seventy-four offices in fifty-four countries, as well as forty-eight regional offices in Japan, with a total staff of 1,730 (998 domestic, 732 overseas). Its main office is located in the Ark Mori Building in Akasaka, Tokyo. Initially, JETRO's activities focused mainly on promoting exports to other countries. As exporters established themselves in world markets and the balance of trade turned from deficit to surplus, however, JETRO's role shifted to encompass activities that are more varied. These have included the furtherance of mutual understanding with trading partners, strategic investment attraction, import promotion, liaison between small businesses in Japan and their overseas counterparts, and data dissemination. Import promotion services have included publications, promotion of trade fairs, seminars, and trade missions.

 

JETRO also provides information and support to foreign companies looking for successful entry and expansion in the Japanese market. JETRO provides a wide range of services, such as timely market intelligence, extensive business development support, and relevant business events, designed to encourage new business between foreign companies and Japan. JETRO also provides current information on the laws and regulations surrounding new business operation in Japan to assist companies in expanding their business to Japan.

MEMBERSHIP.....

                              

JETRO Membership is a package of information and services designed to suit the needs of those engaged in international business. The program, which started in 1958, the year JETRO was originally established, now has a wide variety of members, including prominent Japanese companies, small and medium-sized enterprises and economic/industrial organizations.

Any company, organization or individual located in Japan may register for JETRO Membership, for an annual fee of 75,600 yen.

 

 

 

Members can enjoy free subscriptions to:

 

•          JETRO Business News (an e-mail newspaper),
•          AREA REPORTS (online reports)
•          JETRO Annual Global Trade and Investment Report. 

 

T   The above publications are available only to the Japanese, it offers a wealth of information gathered through JETRO's network, offices in Japan and abroad.

 

•        Members traveling overseas on business trips can get briefings on the economic situation of the country at JETRO's overseas offices free of charge.
•          Members also receive special discounts on participation fees for JETRO-organized seminars, exhibitions, business missions, as well as items in the JETRO Bookshop.

The aforementioned subject is brought to you, courtesy of National Mail.

National Mail is an online news platform of Trade Nigeria that focuses on business development, Investment, trade, economic exchange and development. 

Follow National Mail on twitter, LinkedIn, and Nairaland for your one stop news update!