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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