The UAE and Japan are discussing ways to enhance their economic partnership
ABU DHABI, December 22nd / WAM / His Excellency Abdullah bin Touq Al Marri, Minister of Economy, Chairman of Investopia, met with His Excellency Koga Yuichiro, Japanese Minister of State for Economy, Trade and Industry, and a number of representatives of the private sector and leading companies in Japan, with the aim of discussing ways to enhance the economic partnership between… The two countries in the sectors of investment, trade, logistics, renewable energy and digital transformation, opening new horizons to expand the activities of the Emirati and Japanese business communities and benefiting from the capabilities and opportunities provided by the markets of the two countries.
This came on the sidelines of Bin Touq’s visit to Japan, and participation in the “Investobia – Tokyo” event, which aims to explore opportunities to enhance cooperation between the two countries in the main economic sectors, brings together many officials and leaders from vital sectors, and provides an important opportunity for communication between Japanese and Emirati companies. .
The Minister of Economy said during his meeting with the Japanese Minister of State for Economy, Trade and Industry, that the UAE and Japan enjoy strong relations at all levels, in addition to the existence of strategic economic and investment ties that have witnessed great development over the past years, stressing the UAE’s aspiration to reach higher levels of partnership and cooperation during this stage. In the future, this will contribute to the growth and prosperity of the economies of the two countries.
He stressed the UAE’s keenness to strengthen the economic partnership with Japan, especially in the fields of advanced technology, clean energy and the circular economy, pointing to the increasing momentum that economic relations between the two countries have witnessed over the past years, and the importance of building on the successes achieved in the sectors, investment and commercial activities to achieve sustainable growth that serves the interests of Japan. Both parties.
Bin Touq also met with Yukikazu Miochin, CEO of K-Line, Takamasa Harda, CEO of JEPLAN Group, and Yukari Hara, Chairman of the Board of Directors of PENACO, to discuss future opportunities to enhance ways of cooperation, support and encourage… The expansion of Japanese companies in the UAE markets in the transportation, logistics, and clean energy sectors, especially in the field of transportation of energy resources and basic materials,
During the meeting, mechanisms for integrating circular economy principles into new economic sectors, business growth opportunities for companies in the areas of sustainable maritime transport and logistics services, and developing innovative solutions to reduce carbon and enhance sustainability in the transport sectors were reviewed, especially with the UAE’s emergence as a leading global and regional center in maritime transport.
His Excellency stressed that the UAE is an ideal partner for Japanese companies wishing to expand in the region, with its competitive economic environment, advanced infrastructure, and pioneering legislative system, which has consolidated the country’s position as a global center for establishing and doing business, and as one of the most attractive investment markets in the world.
He called on the Japanese business community and Japanese companies operating in the UAE to attend and participate in the fourth edition of Investopia, scheduled to be held in February 2025 in Abu Dhabi, to benefit from the promising investment opportunities in the country as a global center for trade and investment for many of the fastest growing markets in the world, as well as benefit from Among the advantages and capabilities offered by the business and investment environment in the UAE.
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