JETRO
Encyclopedia
is an independent government agency established by Japan Export Trade Research Organization as a nonprofit corporation in Osaka
in February 1951, and reorganized as the Ministry of International Trade and Industry
(MITI) in 1958 (later Ministry of Economy, Trade and Industry or METI) to consolidate Japan's efforts in export promotion. The government has provided more than half of JETRO's annual operating budget. As of 1989, JETRO maintained seventy-eight offices in fifty-seven countries, as well as thirty offices in Japan, with a total staff of 1,200. Its main office is located in the Ark Mori Building
in Akasaka
, Tokyo
. Initially, JETRO's activities focused mainly on promoting exports to other countries. As exporters established themselves in world markets and the balance of trade
turned from deficit to surplus, however, JETRO's role shifted to encompass more varied activities. These have included the furtherance of mutual understanding with trading partners, import promotion, liaison between small businesses in Japan and their overseas counterparts, and data dissemination. Import promotion services have included publications, promotion of trade fairs, seminars, and trade missions.
JETRO also provides information and support to foreign companies looking for successful entry and expansion in the Japanese market. JETRO provides a wide-range of services, such as timely market intelligence, extensive business development support, and relevant business events, designed to encourage new business between foreign companies and Japan. JETRO also provides current information on the laws and regulations surrounding new business operation in Japan to assist companies in expanding their business to Japan.
JETRO also runs a test of proficiency in business Japanese, known as the BJT (Business Japanese Test).
Osaka
is a city in the Kansai region of Japan's main island of Honshu, a designated city under the Local Autonomy Law, the capital city of Osaka Prefecture and also the biggest part of Keihanshin area, which is represented by three major cities of Japan, Kyoto, Osaka and Kobe...
in February 1951, and reorganized as the Ministry of International Trade and Industry
Ministry of International Trade and Industry
The Ministry of International Trade and Industry was one of the most powerful agencies of the Government of Japan. At the height of its influence, it effectively ran much of Japanese industrial policy, funding research and directing investment...
(MITI) in 1958 (later Ministry of Economy, Trade and Industry or METI) to consolidate Japan's efforts in export promotion. The government has provided more than half of JETRO's annual operating budget. As of 1989, JETRO maintained seventy-eight offices in fifty-seven countries, as well as thirty offices in Japan, with a total staff of 1,200. Its main office is located in the Ark Mori Building
Ark Hills
is a major office development by Mori Building in Minato, Tokyo, Japan. Completed in 1986, the complex includes the ANA InterContinental Tokyo Hotel, the ARK Mori Building , the world-class Suntory Hall concert hall, a TV studio and several apartment buildings...
in Akasaka
Akasaka, Tokyo
is a residential and commercial district of Minato, Tokyo, located west of the government center in Nagatachō and north of the Roppongi nightlife district....
, Tokyo
Tokyo
, ; officially , is one of the 47 prefectures of Japan. Tokyo is the capital of Japan, the center of the Greater Tokyo Area, and the largest metropolitan area of Japan. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial Family...
. Initially, JETRO's activities focused mainly on promoting exports to other countries. As exporters established themselves in world markets and the balance of trade
Balance of trade
The balance of trade is the difference between the monetary value of exports and imports of output in an economy over a certain period. It is the relationship between a nation's imports and exports...
turned from deficit to surplus, however, JETRO's role shifted to encompass more varied activities. These have included the furtherance of mutual understanding with trading partners, import promotion, liaison between small businesses in Japan and their overseas counterparts, and data dissemination. Import promotion services have included publications, promotion of trade fairs, seminars, and trade missions.
JETRO also provides information and support to foreign companies looking for successful entry and expansion in the Japanese market. JETRO provides a wide-range of services, such as timely market intelligence, extensive business development support, and relevant business events, designed to encourage new business between foreign companies and Japan. JETRO also provides current information on the laws and regulations surrounding new business operation in Japan to assist companies in expanding their business to Japan.
JETRO also runs a test of proficiency in business Japanese, known as the BJT (Business Japanese Test).
Organization
- Headquarters (Akasaka, Tokyo)
- Osaka Headquarters
- Institute of Developing Economies
- Domestic Office - 36, Overseas Office - 74