During his meeting with the Japanese Prime Minister

Khalid bin Mohamed bin Zayed witnesses the launch of the "Comprehensive Strategic Partnership Agreement" between the UAE and Japan

Khalid bin Mohammed bin Zayed during his meeting with Fumio Kishida.

wam

His Highness Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, member of the Executive Council of the Emirate of Abu Dhabi and head of the Abu Dhabi Executive Office, met with the Prime Minister of Japan, Fumio Kishida.

His Highness conveyed the greetings of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the State, to the Prime Minister of Japan.

His Highness also witnessed the launch of the comprehensive strategic partnership agreement between the UAE and Japan, which was announced in 2018 during the visit of former Japanese Prime Minister Shinzo Abe to the UAE.

The launch of this agreement coincides with the celebration of the 50th anniversary of the strong diplomatic relations between the two friendly countries, emphasizing the importance of strengthening joint cooperation between the UAE and Japan in various fields, with the support and care of the leadership of the two countries in order to achieve the aspirations of the two peoples for further prosperity, progress and development, and to promote growth. economic and social.

The strategic partnership agreement aims to strengthen bilateral relations between the two countries, to serve common interests, by encouraging more diplomatic, economic, political and commercial partnerships and encouraging investment in both countries.

The main areas of partnership include cooperation in the political and diplomatic field, enhancing efforts to provide development and humanitarian aid, and cooperation in the field of economy, trade, energy and industry, by enhancing the business environment for trade and investment in all sectors, such as industry and technology, infrastructure, artificial intelligence, health care, small and medium-sized companies and others. Among the priority areas, in addition to agriculture, environment and climate change, education, science and technology, defense and security.

This visit reflects the depth of the bilateral relations between the UAE and Japan in various economic, commercial and diplomatic fields.

Japan is one of the first countries to establish strong diplomatic relations with the UAE since 1971, which culminated in the opening of the UAE Embassy in Tokyo in December 1973, and the Japanese Embassy in Abu Dhabi in April 1974.

The UAE is also Japan's tenth largest trading partner in the world, according to 2021 statistics, and Japan's largest strategic partner in the field of energy, as it imports more than 20% of its oil needs from the UAE.

The volume of non-oil trade exchange between the two countries in 2021 amounted to more than 49 billion dirhams, to continue to recover during the first half of 2022 and rise to pre-Covid-19 levels, reaching about 25.7 billion dirhams, achieving a growth of 2.7 percent. % compared to the first half of 2021.

The UAE is also home to more than 340 Japanese companies operating in various sectors, including technology, renewable energy, transportation, healthcare, infrastructure and industry. The value of Japanese investments in the country has exceeded $14 billion.

Follow our latest local and sports news and the latest political and economic developments via Google news