UAE and Japan strengthen economic, energy and industrial cooperation

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Senior officials during the meeting.

Dr Sultan Bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Special Envoy for Climate Change, held a series of high-level meetings with senior Japanese government officials and business leaders to strengthen economic, energy and industrial cooperation between the United Arab Emirates and Japan and generate low-carbon growth opportunities.

The meetings also focused on the UAE’s preparations to host COP28 (28th meeting of the Conference of the Parties) in 2023 and new opportunities for strategic cooperation between the UAE and Japan.

During the three-day working visit to Japan, Dr. Al Jaber met with senior Japanese government officials, including Hagiuda Koichi, Minister of Economy, Trade and Industry; Tsuyoshi Yamaguchi, Minister of the Environment; and Odawara Kiyoshi, Minister of State for Foreign Affairs.

Dr Al Jaber also met former Prime Minister Shinzo Abe; Hirokazu Matsuno, Chief Cabinet Secretary; Kihara Seiji, Deputy Chief Cabinet Secretary and Special Advisor to the Prime Minister of Japan; Taro Kono, Director, Public Affairs of the Liberal Democratic Party; Nishimura Yasutoshi, member of the Japanese House of Representatives; and Tadashi Maeda, Governor of the Japan Bank for International Cooperation (JBIC).

During the meetings, Dr. Al Jaber conveyed the greetings of the leaders of the United Arab Emirates to the government and people of Japan. He reinforced the UAE’s commitment to Japan’s energy security and said the UAE will continue to ensure a reliable supply of crude oil and liquefied natural gas (LNG) to Japan. The United Arab Emirates is Japan’s largest supplier of crude oil, supplying more than 20% of its crude oil needs.

Dr Al Jaber’s meetings covered a range of different topics, including the Comprehensive Strategic Partnership Initiative (CSPI) between the UAE and Japan which was announced in 2018 during the former Prime Minister’s visit Japanese Shinzo Abe in the United Arab Emirates. The CSPI aims to strengthen bilateral relations between the two countries and enable greater strategic cooperation in all areas of mutual interest.

Dr Al Jaber said: “Today, Japan is one of the largest and most important energy and trade partners of the United Arab Emirates. As directed by the wise leadership of the UAE, we are keen to strengthen bilateral relations and further strengthen our relationship across multiple sectors, through public and private partnerships that will provide mutually beneficial growth opportunities and create increased prosperity. for our two peoples. The UAE wants to leverage all facets of our relationship, including climate diplomacy, to drive economic development, enable low-carbon growth, and enhance energy security.

“The relationship between the UAE and Japan is built on long-standing energy partnerships, and we are very pleased to work closely with Japan to take advantage of the economic opportunities of the energy transition, strengthen industrial cooperation and expand economic and trade relations”. The meetings build on the solid foundation of 50 years of close economic and diplomatic cooperation between the UAE and Japan. Al Jaber stressed the UAE leadership’s desire to strengthen relations with Japan.

Economic and industrial development, energy supply, hydrogen, climate action were among the key topics of Dr. Al Jaber’s discussions.

W.A.M.

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