Tokyo, June 09, Armenpress: A Japanese delegation representing Japanese small and medium-sized businesses and Japan's International Cooperation Agency is now in Armenia to explore ways for opening a representation of Toyota company in Armenia as well as to examine on the ground Armenia's investment legislation and environment.
Japanese companies are particularly interested in establishing partnership relations with Armenian agricultural processing industry and high technology sector. Hrant Poghosian, a professor at Tokyo's International Christian University, who is also chairman of Armenian-Japanese Association, told members of the Armenian delegation, visiting Japan, negotiations are underway with Japanese Sumitomo company in search of opportunities to start joint ventures.
During a meeting today with prime minister Andranik Margarian members of the Association emphasized a June 24 Armenian-Japanese business forum to be held in Moscow. The Armenian-Japanese Association has around thirty members, including private businessmen and leading companies, such as Sumitomo and Mitsubishi. Prime minister Margarian and Japanese officials signed today in Tokyo an agreement on Armenian-Japanese technical cooperation.