For many years now, Israel's emergence and growth on the
world's economic stage has captured the attention of national
and private investors all over the globe. It is only in recent
years, though, that this has come to include Japan. In the past few
years, more and more Japanese corporations have opened R&D and
sales centers in Israel, while business delegations are continually
streaming into Israel. One of those companies which recently
entered Israel is Fujitsu, the largest IT company in Japan and the
fifth largest in the world.
Business relations between the countries received a substantial
boost, after Prime Minister Netanyahu's visit to Japan in
2014. The visit led to an historic R&D agreement that included
a Memorandum of Cooperation and a Memorandum of Understanding, both
designed to foster relationships between the two countries and
create cooperative endeavors in technology. In July 2015, this lead
to three distinct joint industrial R&D
projects and on February 2017 both countries signed a bilateral
One of the attractive areas for Japanese companies is
Cybersecurity; Japan has long recognized Israel's position
in this area, and stands to benefit from Israel's knowledge
base and growth. The agreement between
Israel's Radiflow and
Japan's NEC focuses on integrating
cybersecurity with physical security. Another agreement,
between VocalZoom Systems and Fuetrek,
focuses on audio technology that hones in on a speaker's voice
while eliminating background noise.
These agreements just scratch the surface of the potential this
relationship creates. Japan has long been a world leader in
technology engineering, and Israel's prowess in these areas has
led to a sustained boom period in startups and technology
investment. Together, the countries should be ready to build new
technological opportunities in finance,
technology, agricultural technology, the Internet of Things,
Automotive, Cybersecurity, and much more.
The interest factor is not a one way street. Israeli companies
are also showing interest in investing in the Japanese market in
various sectors. Both countries enjoy innovative entrepreneurs who
are driven to constantly push the boundaries of technological
development and advancement. This era of cooperation between Israel
and Japan will most likely help to cement relations between the
countries on various levels, such as mutual tourism and support in
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