The East Asia Region (Tatsuo Sugiyama, Managing Executive Officer) of Nippon Express Co., Ltd. (Mitsuru Saito, President), concluded a tripartite memorandum on business collaboration with the General Incorporated Associations Kyushu Economic Federation ("KEF") and SIPG Logistics Co., Ltd. ("SIPGL"), on Tuesday, October 22.
Nippon Express' East Asia Region and SIPGL signed a business collaboration memorandum covering logistics in January 2018, since which time they have been joining forces to increase their handling of cargo being imported into China from Japan.
At the same time, KEF has been working to promote economic exchange and expand exports of agricultural products and other goods produced in Kyushu to China. Even before this latest memorandum was concluded, SIPGL Group companies and Kyushu Agricultural and Marine Products Co., Ltd., established at the initiative of KEF, had begun handling such exports, and Nippon Express' Kyushu Region has been assisting in this effort.
Given the convergence of interest among the three companies in expanding imports from Japan - with SIPGL seeking to increase imports of Japanese goods, KEF looking to promote exports of Kyushu products to China, and Nippon Express hoping to handle greater volumes of import cargo in China as domestic demand booms - this business partnership is designed to facilitate cooperation in expanding Japan-China trade between Kyushu and Shanghai.
The three parties will be teaming up across a broad range of endeavors in this tie-up, working together to promote exports of food, agricultural, forestry, fishery and other products from Kyushu and elsewhere in Japan to China, develop a cooperative framework to expedite quarantine and customs clearance procedures in Shanghai, and exchange personnel and trade-related information.
