Asia

Japan PM in UAE to pitch green technology ahead of COP28

“CLEAN ENERGY COOPERATION”

On Sunday, Kishida discussed energy security and decarbonisation with senior Saudi officials including Prince Mohammed in the Red Sea city of Jeddah, official Saudi statements said.

During the meeting with Prince Mohammed, Tokyo and Saudi Arabia agreed to launch the “Lighthouse Initiative for Clean Energy Cooperation,” according to the official Saudi Press Agency.

“The initiative will support the ongoing efforts that Saudi Arabia is undertaking to become a hub for clean energy,” said a joint statement carried by SPA on Monday.

It will focus on areas including hydrogen, ammonia, recycled carbon fuels and carbon capture technology, the statement said.

Saudi Arabia is the biggest oil exporter to Japan, fulfilling 40 per cent of its total needs, the kingdom’s Energy Minister Prince Abdulaziz bin Salman said on Sunday.

“The Kingdom, based on its commitment to the strategic relationship with Japan in the field of energy, will continue to ensure the security of oil supplies to Japan,” he said, in comments published on his ministry’s website.

During Kishida’s visit, Saudi Arabia and Tokyo signed 26 cooperation agreements, including in the fields of energy and green energy, according to the state-run Al Ekhbariya TV.

The six-member Gulf Cooperation Council and Japan on Sunday also announced the resumption of Free Trade Agreement (FTA) negotiations, according to a GCC statement.

The GCC-Japan FTA negotiations began in Tokyo in September 2006 but talks were suspended in 2009.

“Japan is considered as one of the priorities of the Council,” GCC Secretary General Jasem Mohamed AlBudaiwi said, hailing “a new era of partnership”.

The prime minister was due to visit Saudi Arabia, the UAE and Qatar in August last year, but he postponed the trip after contracting the coronavirus.

His visit comes at a time of deepening engagement between the region and China which brokered a shock detente between Gulf rivals Saudi Arabia and Iran in March.

Source: CNA

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