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 in both countries.
The formation of 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.
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.
News Source: Emirates News Agency