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GUAM-Japan format eyes SME development

Economy Materials 6 February 2018 09:54 (UTC +04:00)
Japan hosted a workshop on Small and Medium Enterprises Promotion for experts of GUAM Member States within GUAM-Japan cooperation on Jan.28-Feb.3
GUAM-Japan format eyes SME development

Baku, Azerbaijan, Feb.6

By Nigar Guliyeva – Trend:

Japan hosted a workshop on Small and Medium Enterprises Promotion for experts of GUAM Member States within GUAM-Japan cooperation on Jan.28-Feb.3, the GUAM said in a message.

Representatives of the state institutions and private business of the GUAM countries as well as the Program Coordinator of the GUAM Secretariat took part in the workshop.

During the visit, the participants visited the Japanese Foreign Ministry, where they presented and discussed the current state and governmental policy for the development of small and medium enterprises in the GUAM Member States.

Also, the meetings with the representatives of the Japan Finance Corporation, the company NITTO Co., Ltd and JICA took place in the Ministry of Foreign Affairs of Japan.

During the workshop, the participants visited the Japan External Trade Organization (JETRO), the Japan Wines and Spirits Importers’ Association, the Nishijin Textile Center and Xenoma Inc. During the visit to Kyoto, the participants visited Kyoto City Hall where they met with the representatives of Kyoto prefecture and got acquainted with the measures to encourage the Kyoto industry Monozukuri.

The experience gained by the participants during the workshop can be used in new GUAM-Japan projects on encouraging small and medium businesses, according to the report.

The GUAM format was created by post-Soviet states in 1997 during the summit of heads of the EU states in Strasbourg. In 1999, Uzbekistan joined the format and four years later withdrew. In 2006, Ukraine and Azerbaijan announced plans to further increase the GUAM member relations and established its headquarters in Kyiv.

Currently, GUAM cooperates with Washington and Tokyo within GUAM-US and GUAM-Japan formats.

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