Page 622 - MOE ENGLISH PR REPORT - JULY 2024

7/10/24, 5:04 PM UAE and Japan discuss the latest developments in the comprehensive strategic partnership

UAE and Japan discuss the latest developments in the comprehensive strategic partnership. Image courtesy: Ministry of Economy, Trade
and Industry
TRADE
UAE and Japan discuss the latest developments in

the comprehensive strategic partnership

Sign a number of memorandums of understanding

Press Release

July 5, 2024

HE Dr. Sultan Al Jaber and Japanese Prime Minister Fumio Kishida reaffirm the deep ties between
the two countries and their commitment to elevating the relationship to new heights.
Both sides discuss the latest developments in the comprehensive strategic partnership, and the

promising opportunities and areas of cooperation in a number of strategic sectors, including
energy, technology, digital transformation, advanced industries, and finance.
Signing of a number of Memorandums of Understanding including a cooperation between ADNOC
and the Japan Bank for International Cooperation (JBIC) on green financing worth $3 billion, as

well as a Memorandum of Cooperation relating to strategic energy reserves between ADNOC and
the Japanese Agency for Natural Resources and Energy.
Both sides discuss the importance of enhancing and sustaining energy security, and the necessity
of benefiting from artificial intelligence solutions and its applications in raising the efficiency of the

energy sector and stimulating sustainable, lowemission economic growth.

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