Japan and UAE have agreed to broaden the scope of their current technology relationship which will prioritise investment in semiconductors and batteries.
Pritish Bagdi
According to a statement issued by Japan's foreign ministry, the countries discussed five areas of cooperation during Prime Minister Fumio Kishida's visit to the UAE. Green economy; trade; diplomacy and security; culture, education, science and technology; and international and regional affairs are among the topics covered.
In the field of technology, the UAE made a promise to invest in Japan's semiconductor industry through two frameworks, expanding on a scheme focusing on advanced technology signed by the two earlier this year.
Furthermore, the governments agreed that the UAE will provide financial support to Japan in order to enhance its battery ecosystem.
There are plans for the two countries to enhance their cooperation in space technology, artificial intelligence, and the circular economy.
Japan emphasised the pair's goal of leading climate action in the international community ahead of the UN's COP28, which will be held at the end of this year.