Abu Dhabi–Japan Business Connect Forum: Strengthening Economic Ties
In line with efforts to strengthen cross-border partnerships and drive economic growth, the Abu Dhabi Chamber of Commerce & Industry (ADCCI) hosted public and private sector leaders at the Abu Dhabi–Japan Business Connect Forum in Tokyo. The event was attended by the UAE Ambassador to Japan, H.E. Shihab Al Faheem, and aimed to explore key investment opportunities and advance sustainable development and innovation.
Addressing the Forum, His Excellency Ahmed Jasim Al Zaabi, Chairman of ADCCI, highlighted Japan’s pivotal role in the UAE’s development, stating: “Japan has played a pivotal role in shaping our development, from urban planning to industrial growth, and it remains one of our top trading partners.” He noted that UAE’s trade with Japan grew at a compound annual growth rate (CAGR) of 11.9% over the past five years, with investments in Japan more than doubling during the same period.
- 80% of all Japanese investments in the Middle East are attracted to the UAE.
- Non-oil trade rose by 9% in 2024.
- Non-oil exports surged by 86.4% during the same period.
H.E. Al Zaabi emphasized the importance of regulatory reforms, improved ease of doing business, and seamless digital integration. He noted the collaboration with Japan aims to empower economies, enrich societies, and inspire future generations.
Memorandum of Understanding Signed
During the event, ADCCI and the Japan External Trade Organization (JETRO) signed a Memorandum of Understanding (MOU) to deepen business relations and create new opportunities for collaboration. The MOU was signed by H.E. Shamis Al Dhaheri, Second Vice Chairman and Managing Director of ADCCI, and Nobuyuki Nakajima, Managing Director of JETRO MENA, marking the beginning of a new phase of collaboration.
H.E. Shamis remarked: “The MOU with JETRO marks a key step in deepening economic ties between Abu Dhabi and Japan. This forum provides a valuable platform to drive investment, foster innovation, and build sustainable partnerships across key industries.”
Mr. Nakajima added: “This is a significant milestone in enhancing the economic partnership between Japan and the UAE. Japan is committed to expanding its collaboration with the UAE, exploring new investment avenues, and fostering mutually beneficial business relationships.”
As both nations focus on innovation, sustainability, and digital transformation, the connect forum aims to pave the way for groundbreaking partnerships that will shape the future of their economies.
