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Reading: UAE and Japan conduct talks to boost $49.6bn trade relations
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Home » Blog » UAE and Japan conduct talks to boost $49.6bn trade relations
UAE

UAE and Japan conduct talks to boost $49.6bn trade relations

Aisha Al Habibi
Aisha Al Habibi
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The EAU and Japan have had high -ranking conversations while seeking to boost commercial and diplomatic relations.

The total commercial volume between the two countries reached around $ 49.6 billion in 2024 (including oil -related products), while non -oil trade amounted to approximately 17.5 billion, marking a 1.2 percent drop compared to 2023.

Dr. Sultan Ahmed al Jaber, Advanced Industry and Technology Minister, special envoy from the EAU to Japan, made an official working visit to Japan from April 13 to 16.

EAU-JAPON COME TALKS

Duration in his visit, presided over the EAU side at the second ministerial meeting of the Integral Strategic Association and held several bilateral meetings with Japanese government officials and private sector partners, with the assistance of Shihab Ahmed al Fahim, Eau Amassador.

The EAU remains the main commercial partner of Japan among CCG countries in terms of imports and exports, receiving 52 percent of Japan exports to CCG countries.

Meanwhile, Japan is the Ninth World Commercial Partner of the EAU.

Dr. Sultan Al Jaber also with Takeshi Iweaya, Minister of Foreign Affairs of Japan, expressing his appreciation for the strong and evolving relationship between the EAU and Japan within the Strategic Association of Framewife.

The meeting reviewed updates on the implementation of joint projects, programs and initiatives, and explored opportunities to expand bilateral cooperation in several fields of mutual interest.

The two parties co -challenged the second ministerial meeting of the Association, with the working group presenting results in key areas that include trade, investment, energy and industry.

Discussions focused on economic cooperation opportunities in vital sectors such as trade, investment, energy, renewable energy, industry and advanced technology, to serve mutual interests and promote sustainable economic growth in both countries.

Duration The visit, ADNOC announced the signing of a 15-year sales and purchase agreement (SPA) with Mitsui & Co. for the supply of up to 0.6 million tons per year or LNG of its GNL project Rawais Lower-Carbon Rawais, reinforcing the EU and ADNOC energy association with the safety of energy safety through the fuel sources of cleaning fuel Adnoa.

In addition, the Japanese Minister of Economics, Commerce and Industry Officer welcomed the low carbon ammonia produced by Fertiglobe and supplied by ADNOC.

The low carbon ammonia certified, enabled by carbon capture and storage in Abu Dhabi, will provide Japan electricity clean using the first turbine totally with ammonia in the world.

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