Rare hand crafted Welsh gold jewellery, advanced semiconductor wafers and preservative chemicals used in the pharmaceutical and cosmetics industry are among the diverse range of products that will be promoted during the Japan trade and inward investment mission this week.
Economy Minister Edwina Hart, who is leading the Welsh Government mission (June 10 -16 ), said:” Our international trade programme forms a key part of our drive to stimulate business growth and these missions are an important component of the overall package of support we offer companies.
“They are designed to help companies access new markets, find new buyers for their products, investigate potential opportunities and promote their products and services on the international stage.
“Trading internationally not only opens up new opportunities but exports are vital for the economy and in 2012 businesses in Wales exported £274m of manufactured goods to Japan which have increased by £220m since 1999, making it our 10th largest export market.
“We have a diverse range of businesses participating in our latest mission ranging from highly sophisticated advanced manufacturing companies to business specialising in hand crafted rare Welsh gold jewellery, Welsh food products and unique woollen fabrics. It highlights the breadth of Welsh expertise across the sectors – from traditional crafts to cutting edge technology.
“Clogau Gold is an excellent example of a company that is taking advantage of opportunities overseas, having recently added China to its growing list of overseas markets. I am delighted that the company is part of this delegation to Japan.
“ The mission also coincides with the 40th anniversary of Sony’s decision to open its first European facility in Wales which was followed by numerous other Japanese businesses. Last year there were 50 Japanese owned businesses active in Wales, employing more than 6,000 people and I am delighted to use this opportunity to build on these long established links between our two countries.
“I shall look forward to meeting senior executives from a number of Japanese companies including Sony and Toyota – anchor companies that are of strategic importance to the Welsh economy – and Hitachi which is set to play a pivotal role in the proposed new nuclear build on Anglesey. Discussions will centre on future investment opportunities and how the Welsh Government can support any potential growth projects.”
The programme includes a business reception at the British Embassy for 200 business guests to promote Wales and Welsh products.