65 billion dirhams, the value of non -oil trade exchange between the UAE and Japan in 2024

Dubai February 10/ WAM/ His Excellency Dr. Thani bin Ahmed Al -Zyoudi, Minister of State for Foreign Trade, opened today the activities of the second edition of the Japan Kyoto Commercial Exhibition, which will be held at the Dubai World Trade Center from 10 to 12 February, with the participation of more than 120 Japanese company and brand.

In his speech during the opening ceremony of the exhibition, His Excellency the Second Al -Zyoudi stressed: “Efforts to the UAE -Japanese relations are launched to wider horizons from the strategic partnership commercially and investing from a solid base of commercial prosperity, as non -oil -oil trade in 2024 amounted to about 65 billion dirhams” 17.7 billion dollars. “An increase of 2.2 percent over 2023 and 32 percent growth compared to 2021.

Japan is the ninth largest commercial partner for the UAE in the world, while the country is the first trade partner of Japan in the Gulf region.

His Excellency added: “In November of last year, the two countries launched talks to reach a comprehensive economic partnership agreement, and it is expected that we will complete this agreement before the end of this year, which will open large horizons and provide promising opportunities for the private sector and business community on both sides to build long -term partnerships that contribute to Achieving joint economic growth. ”

After the opening session, His Excellency toured the exhibition, during which he briefed on the most prominent products and signs participating in the second version of the exhibition.

The exhibition, which is the first comprehensive platform for displaying the innovations of Japanese companies to the business sector and investors in the United Arab Emirates and the countries of the Middle East, provides the opportunity to explore commercial projects and communicate with the main players, industry leaders, buyers and retail dealers in Japan, the UAE and the countries of the region.

“The Japan Kyoto commercial exhibition in its second edition is the most insulting effectiveness of Japanese companies in the Middle East market In front of visitors, specialists, business leaders and investors in the Emirates and the region.

In her welcoming speech during the opening of the exhibition, Sakawi indicated that: “The roots of trade relations between Japan and the Arab countries extend for more than a thousand years since the era of the empire (she is Ann) in the late eighth century A paragraph that embodies the rituals of the grapher, using incense wood that is more than a thousand years old, to celebrate the origins of our long trade history, and we hope that this exhibition will strengthen the close trade relations and contribute to the consolidation of ties and broader trade relations between the private sector and companies in the two countries.

Sakawi added that the remarkable growth in the numbers of participants in the second edition of the exhibition, whose number exceeds 100 companies and trademarks, translates the importance of the Emirati market for Japanese companies and its aspiration to expand their business in the region starting from the Dubai and the Emirates Gate, noting that there are more than 20 Japanese companies. Additional at the exhibition to explore opportunities and study the possibility of participating in the next session. She continued: “The exhibition is a unique occasion to open new horizons of cooperation and partnership between Japanese and Emirati companies and explore the opportunities available in the UAE markets, in which there are already more than 350 Japanese companies, and it is formed according to the data of the Japanese Foreign Trade Authority” Gitro “, the largest Japanese export market in the Middle East. .

Sakawi said: “We are enthusiastically looking for the exhibition to constitute a unique opportunity for the various Japanese industries and innovations not only to build trade relations with Emirati companies, but also a platform to celebrate the industrial and cultural diversity that Japan abounds in front of about 30 thousand visitors expected for the exhibition, so we are on It is certain that the exhibition will be a great opportunity for visitors from the United Arab Emirates and the Middle East and North Africa.

The 2025 edition of the exhibition attracted a large number of emerging Japanese companies that seek to explore investment and financing opportunities in the UAE markets and benefit from the advantages and potentials offered by the business and investment environment in the UAE for startups.

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