Page 36 - MOE ENGLISH PR REPORT - JULY 2024
P. 36
Press Release
Minister of Economy meets with his Japanese counterpart to explore
strengthening of partnerships in new economy, tourism, aviation,
entrepreneurship, technology & innovation
H.E Bin Touq: UAE-Japan relations are strategic and solid and have witnessed
continuous development on all fronts
Abu Dhabi, 16 July 2024:
H.E. Abdulla bin Touq Al Marri, Minister of Economy, held a bilateral meeting with H.E.
Yoshitaka Shindo, Japan’s Minister of State for Economic and Fiscal Policy, to discuss the
strengthening of partnership between the two countries in several sectors of mutual interest,
particularly the new economy, tourism, aviation, entrepreneurship, technology, and innovation.
H.E. Bin Touq emphasized that the UAE-Japan relations are strong and strategic in all areas and
have witnessed continuous development on all fronts over the past five decades. He also
emphasized the UAE's keenness to build on this momentum and forge more productive
partnerships that serve the growth and sustainability of both economies.
The Minister of Economy said: "The UAE and Japan share the vision to build the future economy
and focus on investing in and expanding knowledge, innovation, technology, and the new economy
sectors. We are keen to boost economic cooperation with Japan in these vital areas, create new
opportunities and enhance dialogue at the private sector level."
The meeting discussed the importance of providing programs and facilities that will accelerate the
growth of startups in both markets, increase their investments and facilitate their exports’ access to
new markets, as well as encourage SMEs and entrepreneurs to invest in new economy sectors.
These efforts will contribute to increasing the SME sector's contribution to the GDPs of the two
countries.
Furthermore, the two ministers explored the strengthening of cooperation in the field of tourism
and the need to launch joint initiatives to promote the most prominent tourism and historical
attractions in both the UAE and Japan. Currently, there are more than 140 flights connecting the
two countries every month, operated by the UAE’s national carriers, making it easier for travelers
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