Japanese Prime Minister Fumio Kishida recently visited UAE during his tour of Gulf countries. It was a part of his recent visits to Gulf and Arab countries to discuss issues related to energy and commerce with them.
His recent visit to UAE opens up potential collaboration on green technology. The partnership is built around developing green energy cooperation. Through this cooperation, Japan will offer the UAE cutting-edge technology and support the Middle East’s green energy initiative.
This initiative is noteworthy for boosting bilateral cooperation on building technology for clean hydrogen, ammonia, recycled carbon, and carbon fuels. This cooperation will deliver energy technology solutions to the middle east while also helping build on the decarbonizing mission.
It would not only enhance hydrogen and green ammonia production within the two countries but also support carbon recycling. In this recent move, Japan is moving towards the middle east through its green energy initiative. It can bring a shift towards green energy and further help in diversifying energy sources. It would facilitate countries in achieving carbon neutrality and reduce dependence on fossil fuels and also help to bring in the necessary investment needed in low-carbon emission technology.
This visit comes close to the Conference of Parties (CoP28), which will be held in UAE this year. This visit will help Japan and UAE negotiate the free trade agreement they planned for 2024. It would enhance bilateral, regional, and international cooperation between them.
Including Saudi in Japan’s green energy plan has expanded its association with middle eastern countries. Japan plans to sign 26 agreements in multiple fields as a part of its KSA- Japan Lighthouse Initiative for Clean Energy Cooperation. This initiative would enable them to build cooperation on clean energy projects, sustainable advanced materials, resiliency of the supply chain, and sustainable and secure supplies.
As the fifth largest oil importer, Japan meets its oil demand mainly through imports. Saudi Arabia and the United Arab Emirates are the major oil and gas exporters globally. Through the recent collaboration, the two countries can expand their trade to other areas of renewable energy and further expand collaboration on clean energy.