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METI Parliamentary Vice-Minister Hoshino Visited the Republic of Singapore

On Thursday, July 14, and Friday, July 15, 2016, Mr. Tsuyoshi Hoshino, Parliamentary Vice-Minister of Economy, Trade and Industry, visited the Republic of Singapore. He attended the Singapore-Japan Business Forum held in the country. In addition, he held a meeting with the Minister of Trade and Industry of Singapore and attended the opening ceremony for Japan Food Town.

1. Attending the Singapore-Japan Business Forum

Celebrating the 50th anniversary this year since the establishment of diplomatic relations between Japan and Singapore, the Singapore-Japan Business Forum was held in Singapore, bringing together government officials and business-world stakeholders from both countries. Parliamentary Vice-Minister Hoshino attended the forum and delivered a speech concerning future economic ties between Japan and Singapore.

Summary of the speech

In the speech, Parliamentary Vice-Minister Hoshino stressed the following points: [i] the importance of bilateral contributions to deepening economic integration and promoting free trade in the ASEAN region, [ii] Japan-Singapore cooperation in the fields of new technologies and new services, e.g., IT and life sciences, [iii] the benefits of introducing Japan’s High Speed Railways (HSR) technologies (the Shinkansen system) into the High Speed Railway Project between Singapore and Malaysia.

2. Meeting with H.E. Mr. Lim Hng Kiang, Minister for Trade and Industry of Singapore

Parliamentary Vice-Minister Hoshino held a meeting with H.E. Mr. Lim Hng Kiang, Minister for Trade and Industry of Singapore. He expressed Japan’s hopes for the Singapore-Japan Business Forum, and confirmed that both countries will avoid rolling back the free trade system, even considering the referendum decision in the United Kingdom to leave the European Union, and that they will endeavor to unite their efforts and cooperate in advancing the economic integration in the ASEAN region.

3. Attending the opening ceremony for Japan Food Town

Parliamentary Vice-Minister Hoshino attended the opening ceremony for Japan Food Town, in which the Cool Japan Fund Inc. has invested. At the ceremony, he delivered the opening remarks as a guest of honor and mentioned the specialties of Japan Food Town, including [i] the significance of expanding Japanese ingredients and food culture overseas and [ii] the high ratios of ingredients procured from Japan to be used in the project, expressing Japan’s high hopes for the development of the Japan Food Town.

Release date

July 19, 2016

Division in Charge

Creative Industries Division, Commerce and Information Policy Bureau

Ministry of Economy, Trade and Industry1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
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