Latest news with #JapaneseChamberof
Egypt Independent
2 days ago
- Business
- Egypt Independent
Egyptian efforts to facilitate trade, boost partnership with Japan
Minister of Investment and Foreign Trade Hassan al-Khatib affirmed that the state is exerting efforts to facilitate trade, streamline business operations, and digitize procedures. Khatib's remarks came during a business breakfast, organized by the Egyptian-Japanese Business Council and the Japanese Chamber of Commerce and Industry, in coordination with the Egyptian Commercial Office in Tokyo, as part of efforts to strengthen the economic partnership between Egypt and Japan. The event was attended by more than 12 senior executives from various industrial sectors representing participating companies and organizations, reflecting the growing momentum in bilateral economic relations and Japan's interest in enhancing its investment presence in Egypt as a strategic gateway to Africa. The minister reviewed Egypt's economic indicators and industrial investment opportunities, noting that significant investments have been made in infrastructure over the past decade, which have contributed to boosting trade and increasing investment inflows. The meeting discussed the potential for cooperation between the two countries in infrastructure and renewable energy projects, including the development of wind farms and logistics ports in Egypt. Opportunities for collaboration in the machinery, energy, and food sectors were also highlighted, along with prospects for manufacturing and supplying equipment to the Egyptian market. In addition, the meeting covered cooperation in green hydrogen, export-oriented industrial zones, the chemicals, industrial, and engineering sectors, as well as smart transport projects and specialized manufacturing in Egypt. Financing and investment opportunities in infrastructure were also discussed.
Daily News Egypt
3 days ago
- Business
- Daily News Egypt
State steps up efforts to streamline trade, digitise processes: Investment minister
Investment and Foreign Trade Minister Hassan El-Khatib affirmed that Egypt is actively working to simplify trade procedures, facilitate business operations, and advance digitisation to enhance the investment climate. El-Khatib made his remarks during a business breakfast organised by the Egyptian-Japanese Business Council and the Japanese Chamber of Commerce and Industry, in coordination with Egypt's commercial office in Tokyo. The event forms part of broader efforts to deepen economic cooperation between Egypt and Japan. More than 12 senior executives from various industrial sectors and institutions attended the gathering, reflecting Japan's growing interest in Egypt as a gateway for investment into African markets. During his address, El-Khatib reviewed Egypt's economic indicators and outlined key industrial investment opportunities. He highlighted the significant infrastructure investments made over the past decade, which have strengthened trade flows and attracted further foreign investment. Opening remarks were delivered by Council Secretary-General Katsuya Igarashi and Japanese-side Chairperson Jun Karube. Discussions at the roundtable explored potential collaboration in infrastructure and renewable energy projects, including wind farms and logistics ports. Participants also discussed opportunities in machinery, energy, and food sectors, alongside plans to manufacture and supply equipment to the Egyptian market. Further topics included green hydrogen production, export-oriented industrial zones, chemicals, industrial and engineering sectors, smart transportation solutions, specialised manufacturing, and prospects for investment and financing in large-scale infrastructure projects.
The Mainichi
18-06-2025
- Automotive
- The Mainichi
Japan businesses in China seek faster rare-earth export approval
BEIJING (Kyodo) -- A group representing Japanese businesses in China on Tuesday urged Beijing to halt excessive export restrictions and speed up the issuance of rare-earth export licenses, saying the curbs have affected member companies. In a white paper calling for improved business conditions, the Japanese Chamber of Commerce and Industry in China warned that strict export controls "could hinder the supply chain for consumer goods." It urged China to apply such measures appropriately and restrict them to "those truly necessary for security." China mines about 70 percent of the world's rare earths, which are used in the production of smartphones, personal computers and vehicles. As part of retaliatory measures in a tit-for-tat trade war with the United States, Beijing in April introduced export curbs on seven types of rare-earth minerals. In August 2023, China introduced restrictions on exports of two rare-earth metals used for chip production, namely gallium and germanium, citing the need to safeguard national security as they could be diverted for military use. In late May, the Japanese chamber urged the Chinese Commerce Ministry to quicken the process for issuing rare-earth export approvals. Tetsuro Homma, head of the business lobby, said at a press conference Tuesday that China has issued few rare-earth export licenses to Japanese companies in recent months. Suzuki Motor Corp. has halted output of its flagship Swift compact hatchback due to China's rare-earth export restrictions, according to sources close to the matter. The curbs have also disrupted auto production in the United States and Europe. Beijing and Washington agreed to ease trade tensions during recent high-level talks in Geneva and London, with China pledging to remove nontariff barriers, including export controls on rare earths.
CBS News
16-04-2025
- General
- CBS News
Jackson Park cherry blossoms nearing 2025 peak bloom in Chicago
The cherry blossoms in Chicago's Jackson Park are nearing their 2025 peak bloom. The Chicago Park District said there have been 20 new cherry blossom trees planted at Jackson Park since the last full bloom in 2020. The trees are expected to reach full bloom by the end of April. The park district said most of the trees have moved into bud stage four, and full blossoms are expected in five to 10 days. The trees on the south end of the park, including the oldest "mother tree," have already reach stage five to six, which is when many, if not nearly all, of the buds have opened and the tree is in bloom. Most of the other pink blossom trees are at stage four, in which buds are opening and flowers are becoming visible, approaching stage five, depending on their proximity to the water in the Columbia Basin, the park district said. Most of the white "snow goose" trees are in stages two to three in which their buds are just beginning to open, according to the park district. The cherry blossoms' full bloom is spectacular but short; full bloom lasts only three to five days, depending on the weather. Then the flower petals will start to fall. The first batch of Jackson Park's cherry blossom trees were planted in 2013, commemorating the 120th anniversary of the 1893 World's Columbian Exposition. Another 50 trees were added in the following three years by the Japanese Chamber of Commerce and Industry of Chicago in honor of the 50th anniversary of the relationship between Chicago and Japan. The park district planted 34 more cherry blossom trees bordering the Museum of Science and Industry steps in 2022, but it will likely take several seasons for them to acclimate and begin blooming.
