Banks, Education and Science, Estonia, Financial Services, Markets and Companies, Technology

The delegation will be headed by Undersecretary of the Ministry of Economic Affairs and Communications, Taavi Kotka; the agenda includes meetings with representatives of various public authorities and universities.

"Economic cooperation between Japan and Estonia has considerably grown in recent years. The aim of the visit is to introduce Estonia and find ways to further enhance this cooperation," commented delegation head Taavi Kotka.

Enterprise Estonia will sign a Memorandum of Understanding with the largest bank in the world, Mitsubishi UFJ Financial Group (MUFG), to launch cooperation in exchanging investment-related information.

"This is an important step in the development of business between Japan and Estonia," said Kristi Tiivas, Director of the Investment and Trade Development Division of Enterprise Estonia. "Enterprise Estonia's Representative in Tokyo, Mr Kosaku Yamaguchi, has contributed a great deal of effort to reach this meaningful step, which may bring real benefits to both sides," she added.

The delegation plans to hold meetings and seminars at Japanese companies and universities, including Mitsubishi, Expedia, and Tokyo Denki University.

One of the goals of TUT in Japan is to introduce its scientific achievements. Researchers from TUT, led by the Docent of the Faculty of Information Technology at TUT, Innar Liiv, have cooperated with the Mitsubishi Motors Corporation to study the conditions of use and driving of electric cars under Nordic conditions. The representation from TUT will be headed during the visit by the Director General of the Innovation and Business.