Business Minister has begun a visit to China
and Japan aimed at deepening economic, social and cultural ties
and emphasising that Scotland is open for business.
He will meet government representatives, potential investors and
leading companies in both countries. The Minister will also
explore opportunities for further collaboration between Scottish
and Chinese academic institutions.
China and Japan are increasingly important export markets for
Scottish goods, with whisky and seafood exports to China tripling
since 2005 and whisky exports to Japan up 7% last year, making it
the seventh largest global market in terms of value.
In Japan Mr Lochhead will support eight Scottish gaming companies
aiming to capture a portion of Japan's $50 billion market, backed
by the Scottish Government's business accelerator programme,
Techscaler, as they meet potential customers and investors in
Tokyo.
He is also launching the first of three days of Scottish activity
at Expo 2025 Osaka. The event will showcase Scotland's gaming
sector as well as consumer-focused businesses including
distilleries, skincare companies and seafood specialists.
Mr Lochhead said:
“Scotland is open for business and China and Japan are vitally
important markets for Scottish companies.
“Over the next two weeks I will champion Scotland's world class
products, universities and technical expertise. I will also be
promoting the many investment opportunities that our drive for
Net Zero is delivering.
“In an increasingly volatile global economy, it is even more
important that we help Scottish companies access new markets and
deepen existing trading relationships.”
Background
The Minister is visiting China from 8-12 April and Japan from
12-18 April.
Expo 2025 Osaka, Kansai takes place from 13 April to 13 October
and is expected to attract about 28 million visitors and more
than 150 participating countries.
The Scottish Government and Scottish Enterprise are
supporting the three events at the Expo, beginning with a focus
on gaming and consumer industries on 17 April at the UK Pavilion.
A list of Scottish companies attending is available on Scottish Development
International's website. Further events focusing on the
health and offshore wind industries take place in June and
September
In China, Mr Lochhead will celebrate the 20th
anniversary of the Scottish Government Office which opened in
2005. It joined Scottish Enterprise's international team, which
established a presence in China in 2003.