Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Japan`s PM Offers Saudi Arabia Help in Reducing Oil Dependency


Sun 30 Jun 2019 | 10:26 AM
Ahmad El-Assasy

Japan`s Prime Minister Shinzo Abe commended Saudi Arabia's endeavors to reduce oil dependency On Sunday and promised Crown Prince Mohammed bin Salman that a sweeping reform plan would assist the kingdom, according to Reuters.

"The ' Vision 2030 ' of Saudi Arabia is an unprecedented significant reform. It is directed at moving away from reliance on oil and persifying sector on the initiative of your majesty," Abe informed the crown prince at the start of a bilateral conference after the G20 summit in Osaka City.

"Japan will continue its utmost attempts to help accomplish its government and the private sector`s achievement," Japan`s prime minister said.

Riyadh reported the change plan in 2016, with objectives running from upgrading its state-possessed Public Investment Fund to expanding visits of Muslim pilgrims and urging more Saudis to play sports.

"Saudi intends to do their utmost to continue our old, but fresh, powerful partnership with Japan," said the crown prince through an interpreter to Abe.

 

Noteworthy,

Nine Japanese cities welcomed the ministerial meetings of the G20 summit, before the presidents and heads of state meetings.

 

US President Donald Trump and his accompanying delegation stayed in a hotel away from the hotel of Chinese President Xi Jinping and his delegation.

 

Japan gave schools a four-day leave because of the G-20 summit and the entrances-exit permissions were only allowed to Osaka residents.

 

A number of delegations stayed in hotels, including Russia, Argentina, Australia, Brazil, Canada, China, Italy, South Africa and Saudi Arabia,” said an informed source participating in the summit.

 

The summit was be held at Intex Osaka, a main conference hall.

 

The world leaders who participated in the event stayed at the Hyatt Regency, Royal Regal, Marriott and Westin Osaka Hotels.

 

Osaka is one of the economic basis of Japan with a population of 2.72 million people and a gross domestic product of approximately 20,265.8 billion yen.

 

A meeting of tourism ministers was held in the international tourist city of Kuchan in Hokkaido, whose population reaches 16,000 people.