Saudi-Japanese economic cooperation discussed

Tokyo, The 17th forum of the Saudi-Japanese Business Council, started in Tokyo today, was attended by several businessmen from the Saudi and Japanese sides.

The forum is to discuss health, education and investment cooperation between the public and private sectors, in both countries represented by the Japan Cooperation Centre for the Middle East, the Council of Saudi Ambassador to Japan, Saudi Press Agency (SPA) reported.

First session of the forum was chaired by the Co-chairmen of the Saudi-Japanese Business Council Hiroshi Saito, on the Japanese side, and the Chairman of the Saudi-Japanese Business Council Tariq bin Abdulhadi Al-Qahtani, on the other.

Saudi-Japanese relations witnessed an important development in various economic fields, such as development of bilateral economic relations to promote investment and trade between the two countries and their orientation towards building a strategic relationship that focuses on the economy, through diversifying and increasing trade exchange and deepening channels of dialogue and cooperation.

Volume of trade exchange between the two countries reached $ 32 billion last year, and the two sides stressed that the role of the Saudi-Japanese Business Council is to increase Japanese activity in Saudi Arabia, in the fields of education technical training.

In the field of small and medium enterprises, the two sides highlighted to exploit investment opportunities available, in the Kingdom, which are concentrated in agriculture, health, oil and gas, mining, power generation and industrial projects.

Source: Bahrain News Agency