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The Arab League stressed that it was important to strengthen cooperation between Arab countries and Japan in the light of current developments on the Arab and international scene, stressing that Arab-Japanese economic cooperation was one of the partnerships that the Arab League was seeking to develop, Japan being the fifth largest trading partner of the Arab countries after the European Union, India, China and the United States. .
This was delivered in a speech delivered by Ambassador Kamal Hassan Ali, Assistant Secretary-General and Head of Economic Affairs Sector of the Arab League, ahead of the work of the Arab-Japanese Economic Forum, which has kicked off Monday in Cairo to support and strengthen joint Arab-Japanese economic cooperation and investment promotion in the Arab and Japanese markets. Investment opportunities.
Ambassador Kamal Hassan said: "This forum is one of the major events organized as part of the support and strengthening of Arab-Japanese relations since 2009 with the aim of strengthening economic and trade relations and strengthening Deepen the common vision and renewed partnership of dialogue and collective cooperation between the two sides, praising the initiative taken by Japan to hold this forum. "
He pointed out that the volume of Arab-Japanese trade reached $ 111 billion in 2018 after about $ 106.4 billion in 2009, noting that the main trading partners at the Arab level with Japan are Saudi Arabia, United Arab Emirates and Egypt.
He stressed that the agenda is full of topics that follow the changing economic situation in the world, including energy and infrastructure, as well as future topics related to cartoon characters. and marketing ideas about products and start-ups, opening up new horizons for cooperation.
He emphasized the importance of the role of businessmen in strengthening cooperation through increased investment and the creation of a favorable investment climate, despite the great challenges that they face. confront the Arab countries and affect the partnership with countries and regional and international blocs. The Arab and Japanese markets need to increase the volume of investment and trade in the public and private sectors in order to achieve a win-win partnership.
The forum includes a number of activities, including a number of working sessions with the participation of a number of Arab and Japanese officials and Arab and joint working institutions of the party to discuss areas of joint cooperation in many areas, including the diversity of Arab-Japanese relations and the presentation and promotion of investment opportunities, energy, energy efficiency, environment and infrastructure.
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