The UAE is the highest vacation spot for Japan’s exports to the Center East, price $8 billion within the first eleven months of 2023
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Officers on the opening of the Japan Kyoto Commerce Exhibition in Dubai. — Equipped picture
The Japan Kyoto Commerce Exhibition, collectively organized by the governments of Kyoto Japan and the Dubai Division of Economic system and Tourism in Dubai (DET), opened its doorways to guests on the Dubai World Commerce Middle on Monday.
The exhibition, which is anticipated to draw greater than 20,000 guests over three days, was opened by Mohammed Ali Rashid Lootah, Director Normal of Dubai Chambers, and Akimasa Yamashita, Deputy Governor of the Kyoto Authorities. Issam Kazim, CEO of Dubai Company for Tourism and Commerce Advertising and marketing; Sheikh Manaa bin Hashir Al Maktoum; Mai Sakaue, CEO of Maico Enterprise Inc. who organizes the exhibition; and numerous officers, businessmen and buyers from each international locations have been additionally current.
Lootah stated the Japan Kyoto Commerce Exhibition is a perfect platform for strengthening bilateral ties between Dubai and Japan enterprise communities in varied financial areas, and confused the significance of Dubai Chambers in attracting Japanese investments to the emirate.
“The whole variety of lively Japanese firms registered within the Dubai Chamber membership reached 310 by the tip of final yr, after including 119 new Japanese firms in 2023 alone,” he added.
The collaborating Japanese organizations, firms and types will cowl varied business sectors together with expertise, automotive, animation, video, gaming, meals and beverage, amongst others.
The Japan Kyoto Commerce Exhibition is an annual occasion within the Center East and offers Japanese firms with a stage to showcase their services, whereas on the identical time providing UAE-based entities new alternatives for exploration, organizers stated.
Kyoto is a historic metropolis in Japan and serves because the epicenter of Japanese tradition. Over the centuries, Kyoto has nurtured conventional crafts similar to textiles and ceramics, in addition to conventional meals similar to Japanese delicacies and matcha tea, together with cultural practices similar to ikebana (flower arranging) and tea ceremony.
Moreover, Kyoto is house to a variety of superior industries, with quite a few main firms in areas similar to semiconductors, decarbonization applied sciences and content material creation together with movies, anime and gaming. Kyoto’s refined conventional strategies and refined cultural heritage have contributed to the worldwide success of firms working in varied fields.”
Based on latest statistics from the Japan Exterior Commerce Group, the UAE has change into the highest vacation spot within the Center East for Japanese exports. In the course of the interval from January to November 2023, its worth was estimated at US$8 billion, bringing bilateral financial relations to a excessive degree.
Japan’s exports to the UAE symbolize 39.5 p.c of Japan’s complete exports to the Center East in the course of the interval, that are estimated at round US$20.4 billion.
Mai Sakaue stated: “We’re happy to collaborate with valued companions on this distinctive B2B engagement representing Japan. The exhibition symbolizes Japan’s proactive involvement on the world stage. We anticipate a profitable launch in Dubai, which is able to promote fruitful enterprise initiatives. Dubai is the optimum launching pad for our worldwide enterprise ventures. The Japan Kyoto Commerce Exhibition is a testomony to the dedication to enhance commerce relations, stimulate financial progress and promote innovation within the Center East.”
