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In our calendar, you can find all the events organised or sponsored by the EU-Japan Centre, as well as other events related to EU-Japan relations.

25/02/2009 - Tokyo, Japan

Impact of Financial Crisis on Trade & Investment (Seminar)

Date/Time: Wednesday, 25 February 2009, 15:00-17:00
Venue: Hotel Grand Arc Hanzomon, 4th Floor, Fuji East Room
Address: 1-1 Hayabusa-cho, Chiyoda-ku, Tokyo? Japan

Organised by: EU-Japan Centre for Industrial Cooperation

Participation: Free (Registration required)

Language: English/Japanese (simultaneous interpretation)

Report

Controversies about openness to foreign investment have marked the European Union since its very inception. The creation of a single market for goods, services, labor and capital is all about the removal of barriers at the borders. But European nations also keep ambivalent attitudes to foreign investment, be it cross-border industrial takeovers or financial investments by often foreign-controlled private equity or hedge funds.

The financial crisis is exacerbating the tension between the need for cash and the sensitivity about foreign capital, which was graphically illustrated by discussions in 2007-08 about the emergence of sovereign wealth funds. Will the crisis lead the World to a new brand of investment protectionism?

In this seminar, two prominent speakers from Europe and Japan presented their insights on these topics.

Programme:

15:00	Opening remark, Mr. Hiroshi Tsukamoto, General Manager, EU-Japan Centre for Industrial Cooperation
15:10	"Will the financial crisis make Europe more protectionist?" Speaker: Mr Nicolas VÉRON, Research fellow, Bruegel
15:50	“Multilateral trade liberalization under the financial crisis” Speaker: Dr Ryuhei WAKASUGI, Professor, Institute of Economic Research, Kyoto University
16:30	Q & A
17:00	Closing remark