Japan signs sub-sea trade development deal with Scotland

The governments of Japan and Scotland have today signed a joint memorandum of understanding which is designed to capitalise on opportunities in the growing subsea technologies sector.

The agreement was formally signed in Aberdeen by Scottish Industry Minister Keith Brown, MSP, and Mr Koji Tsuruoka, theJapanese Ambassador in Britain, and Forrest Wang, President of the Nippon Foundation.

Brown (pictured above, right) said:“This agreement provides an opportunity for Scotland and Japan to work in partnership to realise our ambitions in subsea technology.

“Scotland already has a strong and innovative supply chain with expertise in subsea engineering, and is a world renowned hub, with potential for strong growth in international markets.

“By working together, we expect both countries to maximise their subsea technologies at a greater rate, and to increase our respective shares of the sector accordingly – which is worth some £50 billion annually.”

6 Sept 2017

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