The UAE and Japan are discussing strengthening economic cooperation with new facilities

The UAE and Japan are discussing strengthening economic cooperation with new facilities

His Excellency Abdullah bin Touq Al Marri, Minister of Economy, held a bilateral meeting with Yoshitaka Shindo, Minister of State for Economic and Financial Policy of Japan, to discuss strengthening economic cooperation between the UAE and Japan, especially in many sectors of mutual interest. new economy, tourism, aviation, entrepreneurship, technology and innovation..

Abdullah bin Touq emphasized that the UAE-Japanese relations are strong strategic relations and enjoy the support and attention of the leadership of both countries, because they have had continuous development in all fields in the last five decades. Economic relations and investments will continue to be strengthened and will serve the growth and sustainability of the economy of the two friendly countries. building more productive partnerships.

He said: “The UAE and Japan share common visions of building the economy of the future and we rely on investment and expansion in the sectors of knowledge, innovation, technology and the new economy to move these vital areas to a new level of cooperation with Japan, and the opportunity to support communication between the Emirati and Japanese business communities. creating new ones.”ยป.

During the meeting, the Emirati and Japanese sides also discussed the importance of providing export promotion programs and facilities to accelerate the growth of emerging companies in the two countries’ markets, increase investment and reach new markets. small and medium business owners and entrepreneurs to invest in new economy sectors, which helps increase the rate of contribution of the small and medium business sector to the gross domestic product of both countries.

In the coming period, the two sides undertook to increase tourism cooperation, and to work on the launch of joint tourism initiatives aimed at promoting the most prominent tourist and historical attractions of both countries, especially with the existence of more than 140 flights between the two countries every month. Through Emirati airlines, it has supported the benefits of the capabilities and components of the UAE and Japan’s tourism sector, leveraging the technology and know-how between the two countries to attract more tourism delegations from around the world, and Japan’s expertise in advanced technologies such as robotics, artificial intelligence and manufacturing..

His Excellency Bin Touq extended an invitation to the Japanese Minister to attend and participate in the fourth edition of Investopia to be held in February 2025, with the aim of leveraging the UAE as a global business and the UAE’s promising economy and investment opportunities. An investment hub for many of the world’s fastest growing markets, as well as the advantages and capabilities offered by the UAE business environment..