Industry, Logistics & Shipping

UAE, Japan to establish joint business council

The Federation of UAE Chambers of Commerce and Industry (FCCI) and Japan External Trade Organisation in Dubai (JETRO Dubai) have agreed on establishing a UAE-Japan business council to promote cooperation and visits between the business communities.
 
The council is aimed at developing joint projects and exchange expertise. The two sides agreed on signing an MoU for setting up the proposed bilateral business council by Q1 2023, said a Wam news agency report.
 
This came during a meeting that brought together Humaid Mohammed bin Salem, Secretary General of FCCI, and Masami Ando, Managing Director of JETRO Dubai, in the presence of officials from both sides.
 
Bin Salem welcomed Japanese companies to invest in the UAE and take advantage of government incentives, as well as the favourable investment climate and legislation, calling on Emirati and Japanese businesses to explore business opportunities in the two countries and develop active partnerships to boost trade exchange.