REGINA — Friday, the Government of Saskatchewan extended their Memorandum of Cooperation with the Japan Overseas Infrastructure Investment Corporation, until 2027.
This extended MOC will move forward increased knowledge sharing, infrastructure investment and technology collaboration between the province and Japan. The original MOC is an outcome of a mission to Japan in February 2023.
With the fourth largest economy in the world and a population of over 125 million people, Japan relies heavily on overseas imports. Saskatchewan can provide the safe and reliable supply of food, fuel and fertilizer they need to ensure food and energy security. In 2023, total Saskatchewan exports to Japan were valued at over $1 billion. Top commodities included canola seed and wheat, both durum and non-durum.
The province’s trade and investment office in Japan is working with a number of Japanese companies and government organizations who are specifically interested in Saskatchewan’s helium, rare earth processing and sustainable energy.
The Government of Saskatchewan established its Japan office in 2021. This office focuses on growing exports, attracting investment and strengthening relationships with aligned international partners.
