Well, as you know, the British people have decided to leave the EU-28! So be it.
What will be the new (trade/financial) relations between UK and the EU-27 is still unclear but we already know that some banks, multinationals and investors (some of them being Japanese) will/might relocate or move part of their activities to Paris, Frankfurt or other EU cities (like Brussels). For example, HSBC bank announced its plan to shift 1000 jobs to Paris. JP Morgan will also move thousands of jobs to continental Europe.
So, it is the right timing now to review the “Top 10 reasons to invest in Paris area”:
as well as the “9 Good reasons to invest in Belgium”:
9 Good reasons to invest in Belgium
Also check our previous post on this Blog:
as well as our own (home-made) “European Countries Profile Handbook series”:
So what is your company waiting for? What do you think?
Shinzo Abe and David Cameron (Picture – AFP)
“The UK would be “less attractive” to Japanese investors if it votes to leave the European Union, Japan’s prime minister has said. Shinzo Abe said Japan’s business sector saw the UK as a “gateway” to Europe. Japan would rather negotiate a trade deal with the EU as a block, rather than with “individual states” in Europe. The UK will go to the polls in a referendum on its EU membership on 23 June.” (BBC News)
UK leaving the EU would probably mean increased Japanese (and US) investments in Continental Europe in the future. Is it really what UK citizens want? What do you think about this EU Referendum in UK?
Read more from: http://www.bbc.com/news/uk-politics-eu-referendum-36215146
The EU Single Market
The EU-Japan Centre for Industrial Cooperation has just released 2 major Publications about the EU and its Single Market, as an attractive destination for Japanese investors. The link to the Centre’s Publication page is: http://www.eu-japan.eu/publications
GBMC heavily contributed, as main author, to the Destination Europe Project, among others, carrying Interviews of selected Japanese companies established in Europe, as well as doing the field research and drawing a wide Panorama of key Industries in the EU. The 2 Reports are the following ones:
1) Title: “An assessment of key EU industrial sectors open to Japanese technological cooperation and investment”
This publication will help Japanese researchers, companies and other organisations take advantage of the considerable opportunities to establish and develop industrial activities or relationships in the EU. It begins with an explanation of how EU industry is expected to change, the impact and benefits the EU Single Market offers, how IPR protection is simplifying and strengthening, and new opportunities under the EU’s Horizon 2020 programme. Then, it identifies key industrial sectors and sub-sectors likely to be of potential interest to Japan, including brief mention of some of the countless recent examples demonstrating the already-close industrial ties. Finally, its case studies outline the experience of 14 Japanese companies and business federations which have established activities in Europe.
Direct Link: http://www.eu-japan.eu/sites/eu-japan.eu/files/AnAssessmentOfKeyEUIndustrialSectors_FINAL.pdf
2) Title: “Destination Europe – The EU Single Market: an attractive destination for Japanese FDI”
This publication is an information material on the European Union as an attractive destination for Japanese investments. The European Union has historically been a major destination for foreign direct investment, offering Japanese companies the benefits of a Single Market of more than 500 million people. At the same time, there is still a considerable potential for further expansion of Japanese investment activity in the EU Member States now that the economies of Japan and the EU are on the way to becoming even more integrated as a result of the ongoing Free Trade Agreement negotiations. Japanese companies and investors will find useful information about the benefits of the EU Single Market that will encourage them to invest in one or several of our 28 Member States.
Direct Link: http://www.eu-japan.eu/sites/eu-japan.eu/files/DestinationEurope_1.pdf
Please check out the material and let us know your opinion.
For more information, questions, comments or requests, you can also contact us at firstname.lastname@example.org