On January 13, 2015, Federated States of Micronesia President Manny Mori met with a visiting delegation from Japan in the President’s Conference Room. The eighteen member delegation comprised of Japanese investors and businessmen, was led by Mr. Yasuyuki Fujishima, Director of Mutual Service Aid Guarantee Insurance Company (MIA).
The President extended his warm welcome to Mr. Fujishima and his delegation and thanked him for his visit and for bringing in many prospective investors. Mr. Fujishima who planned this trip to introduce Japanese businesses to the FSM, was also instrumental in planning and coordinating the recent inaugural Investment Seminar in Nagoya, Japan, aimed at attracting Japanese companies to invest in the FSM.
The President highlighted the FSM Government’s and businesses desire to deepen ties with Japan, and to create a favorable environment for Japan to continue to expand its business and investment ventures in the region. He further expressed confidence in Japan's economic progress and lauded Prime Minister Abe's efforts to improve, grow and sustain Japan's economy.
“I really admire his courage, of trying to revive his economy. All Pacific nations can benefit from Japan’s economic progress” expressed President Mori.
While the FSM is pursuing business partners through the captive insurance and the Micronesia Registration Advisors (MRA), FSM stands ready to enhance its services as well as increase exchanges by working together closely to improve the business and government relationship with Japan.
“I think the program that MRA is pursuing for your region is going to take off very successfully," said President Mori.
President Mori concluded that the FSM government will continue to help MRA fashion the business environment through captive insurance ventures, and will also continue to work on improving tourism in the FSM, as the tourism sector is a key component in efforts to stimulate economic growth.
Present with President Mori were Chief of Staff Leo Falcam Jr. and FSM Registrar of Corporations Samari W. Suta.