Japan is late to launch a business talk committee with South Africa

Japan is late to launch a meeting to talk about business issues with South Africa.

The government has set up a committee to discuss business issues with South Africa's largest industrialized country, South Africa, in an effort to help Japanese companies expand into Africa, where the population is growing rapidly and economic growth continues.

Africa is called “the world's last huge market” as the population has increased rapidly and economic growth continues. Europe, the United States, and China are aggressively entering the market, but Japanese companies have been delayed.

Under such circumstances, the government will set up a committee to discuss business and investment issues with South Africa, which is the largest industrial country in Africa. A government representative signed the document.

Ambassador Norio Maruyama, who attended as the representative of the Japanese side, told President Rama Posa of South Africa who attended the signing ceremony that “Japanese companies place importance on making it easy to plan their business when entering the business”. We called for cooperation in improving the investment environment according to the characteristics.

There are about 130 Japanese companies in South Africa, but it has been pointed out that issues such as strict regulations on employment of workers and complicated administrative procedures have been pointed out. Is expected to seek improvements from the South African government.