EBC Newsletter – November 16, 2022

EBC Newsletter – November 16, 2022



From the EBC

Dear Friends of the EBC,

Our survey to better understand the difficulties encountered by European companies and investors to do business in Japan is coming to a close. We are extending it until 21 November. Your responses have a great importance for the improvement of our future business environment in Japan, thank you for your cooperation!

If you are interested in sectors such as Aeronautics, Space, Defense & Security, Energy, Pharma & Vaccines, Sustainability & Social Responsibility, Automobile, you are more than welcome to attend in person the presentation of our 2022 White Paper on 24 November, 4:00pm.

The EBC committees are made of European companies. They monitor the Japanese market, work on non-tariff barriers to produce the EBC White Paper, meet with ministries and various organizations and set up events for their members.
On 18 November, the Automotive Components & Aftermarket Committee will hold a conference on “How the future of e-mobility depends on cooperation, collaboration and placing the right bets”, with Chris Sachno, Senior Vice President, E-Mobility, Cloud Services & Innovation at Karma Automotive LLC and a consultant at Frost & Sullivan.
On 9 December, the Sustainability & Social Responsibility Committee will welcome Aya Nomizu, manager at PRI Japan (a UN-supported initiative), in charge of Climate Action 100+ for Japan. She will introduce the activities of both PRI and CA100+, and share her views on how Japanese and European stakeholders perform and engage in these international initiatives.

In conclusion, I would like to recommend 2 very interesting studies on maritime cabotage services and on offshore wind tender results. Among their conclusions, it seems that “Japan would benefit from simplifying rules related to offshore wind energy tendering and from removing restrictions on foreign vessels’ access to work on offshore wind energy projects.”

We are looking forward to seeing you soon at one of these events!

Valerie Moschetti
EBC Chief Operating Officer

What’s in the Media

  • Japan will lift a more than 2 1/2-year ban on international cruise ships that was imposed following a deadly coronavirus outbreak on the cruise ship Diamond Princess at the beginning of the pandemic, transport officials said Tuesday.
    The Transport Ministry said cruise ship operators and port authorities’ associations have adopted anti-virus guidelines and that Japan is now ready to resume its international cruise operations while receiving foreign ships at its ports. (Japan Today)

  • Japan’s economy unexpectedly shrank at an annualized real rate of 1.2 percent in the July-September period, the first contraction in four quarters, government data showed Tuesday after imports surged and private consumption was sluggish as accelerating inflation dampened sentiment.
    The growth figure came against the average market forecast of a 1.2 percent expansion in a Kyodo News survey, boding ill for the government of Prime Minister Fumio Kishida, which recently drew up an economic package to ease the pain on households from soaring inflation. (Kyodo News+)

  • The Japanese government intends to agree to a U.S. proposal to extend the operation of the International Space Station until 2030, thereby delaying the station’s planned retirement for six years, The Yomiuri Shimbun has learned.
    The government is expected to announce the decision as early as late this week. According to sources, it intends to emphasize the importance of Japan-U.S. cooperation by being the first among the participating countries to agree to the U.S. proposal. (The Japan News)

Upcoming EBC Committee Meetings

Date Committee Time / Location
Nov 17 (Thu) Human Resources Web
Nov 17 (Thu) Medical Equipment & Diagnostics Committee Off-site
Nov 18 (Fri) Railways EBC & Web
Nov 18 (Fri) Automotive Components & Aftermarket EBC & Web
Nov 24 (Thu) Legal Services Web
Dec 2 (Fri) Liquor Web
Dec 7 (Wed) Energy EBC & Web
Dec 8 (Thu) Medical Equipment & Diagnostics Committee Off-site
Dec 9 (Fri) Sustainability & Social Responsibility EBC
Dec 9 (Fri) Railways EBC & Web
Dec 12 (Mon) Materials EBC & Web
Dec 15 (Thu) Human Resources Web
Dec 15 (Thu) Telecommunications Equipment EBC & Web

If you are interested in joining a committee meeting, please contact the EBC to confirm the time and meeting place.

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