BITC eyes Japanese capital

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Trade and Industry Minister Dorcas Makgato-Malesu told the press last week that a recent visit to Japan by the Botswana Investment and Trade Centre (BITC) was meant to facilitate improved trade and investment between the two countries.

She said the trip was successful, as they have already identified business areas for the two nations to collaborate.The trip follows an official visit by President Ian Khama to Japan in 2010, where he held bilateral talks with the Prime Minister of Japan over matters such as cooperation in the international arena, including trade and investment between the two countries, development of Africa.

Makgato-Malesu explained that the country has in the past had a good measure of success with Japanese investors, a feat helped by the positive image of the country, its high middle income status, security of investors and investment, political and social stability as well as infrastructure developments. She also pointed out that Japanese companies have considered expanding their African businesses to the country and that some companies have previously made direct enquiries with the BITC, the Botswana Embassy in Japan, the Japanese Embassy in Botswana and government ministries about doing business here.

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