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UAE Freezones Biz News Updates
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Japan-UAE business forum opens in Abu Dhabi
 General Shaikh Mohamed bin Zayed Al Nahyan Crown Prince of Abu Dhabi Deputy Supreme Commander of the UAE Armed Forces (R), receives Shinzo Abe Prime Minister of Japan (L), prior to a state dinner at Emirates Palace. -Wam
The second Japan-UAE Business Forum took place in Abu Dhabi on Thursday
with opening addresses delivered by Suhail Almazrouei, UAE Minister of
Energy, and Shinzo Abe, Prime Minister of Japan.
The Forum was part of the Prime Minister’s visit to the United Arab Emirates
and also included speeches by Hamad Alhurr Al Suwaidi, member of Abu Dhabi’s
Executive Council and Chairman of the Department of Finance, and Abdullah Al
Masaood, Chairman of the National Consultative Council and Chairman of the
UAE-Japan Friendship Association.
With more than 300 delegates in attendance, the Forum reflects the
longstanding and strong bilateral relationship between the United Arab
Emirates and Japan, and aims to build upon more than four decades of
partnership and trade between two of the world’s most dynamically-growing
regions.
Following the opening addresses, three industry-specific sessions took
place: The first session of the Forum discussed UAE-Japan cooperation in the
sectors of energy, industry and infrastructure development, followed by the
second session, which focused on developing human capital. The final session
discussed healthcare and food.
Japan is a significant trading partner of the UAE and one of its most
important international allies. Japan imports 20.5 per cent of its oil from
the UAE, making it Japan’s eighth largest trading partner. Overall trade
increased by more than $2.5b to almost $53b in 2012
The Forum concluded with remarks from Hiroyuki Ishige, Chairman of JETRO and
Mohamed Omar Abdullah, Undersecretary of Abu Dhabi Department of Economic
Development.
May 2, 2013 |
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Courtesy Khaleej Times
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