Enterprise Estonia Signs Deal with Major Japanese Bank
The nation's business development agency Enterprise Estonia has signed a cooperative agreement with Japan's Sumitomo Mitsui Banking Corporation (SMBC) aimed at promoting business between the two countries.
The agreement, concluded on June 21, establishes a basis for trade cooperation and information exchange between Japanese and Estonian companies, and should help foster Japanese investments into the Estonian economy, a release from Enterprise Estonia stated.
"The cooperation agreement that [SMBC] signed with Enterprise Estonia today creates a good opportunity for it to give its customers relevant and specific information on business opportunities in Estonia and to ensure professional services to clients participating in potential investment projects," it said.
SMBC is one of the three largest banking groups in Japan. According to Enterprise Estonia, the group is interested in contributing to the expansion of Japanese companies in Europe.