"As we enter the second quarter century of our diplomatic relationship, I am more than ever confident that this tie will grow even stronger" Remengesau added.
More than 130 participants attended the seminar, highlighting the high-level interest of Palau in doing business with Japan.
Parliamentary Vice-Minister for Foreign Affairs of Japan said, "We look forward to more development of Palau through business exchange and growing development of Japan-Palau relationship for the future."
The island nation is also an important partner and promotes the economic development of the country while protecting the interest of the people.
The strong relationship between Japan and Palau will lead to future development and economic cooperation, the leaders said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)