Complex sentence: It was established by the EU-Japan Center for Industrial Cooperation, a joint venture between the European Commission and the Japanese Ministry of Economy, Trade & Industry, which main objective is to promote industrial cooperation between European and Japanese companies.
Split into simpler sentences: It was established by the EU-Japan Center for Industrial Cooperation, a joint venture between the European Commission and the Japanese Ministry of Economy, Trade & Industry. Its main objective is to promote industrial cooperation between European and Japanese companies.