UAE + Japan eye stronger trade ties: Abu Dhabi Executive Council member Hamed bin Zayed Al Nahyan and Japanese Prime Minister Fumio Kishida witnessed the signing of 23 agreements and MoUs which look to build on strengthening trade and transportation ties, Emirati news agency WAM reports. The agreements inked came during the visit of Kishida to the UAE, where the pair also agreed to enhance collaboration in the aviation sector, Al Arabiyareported.

KSA + Turkey talk cooperation, ink bilateral agreements to boost investments:Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud and Turkish President Recep Tayyip Erdogan discussed strengthening cooperationacross several fields during a meeting this week, in addition to signing several bilateral agreements, including one to boost direct investments, the Saudi Press Agency reports.

Algeria + China agree to boost cooperation on Belt + Road Initiative: Algerian President Abdelmadjid Tebboune and China’s President Xi Jinping agreed to cooperate on implementing China’s Belt and Road Initiative (BRI) logistical corridor, according to China’s state run CGTN. Tebboune touched down in Beijing following a two-day visit to Doha, state-owned Algeria Press Service said. The visit also saw China and Algeria ink a slew of bilateral agreements on telecommunications, sustainable urban development, and trade, according to a CCTV statement cited by Reuters.

ICYMI- The Belt and Road Initiative refers to a string of infrastructural developments and investments China is looking to deploy across upwards of 70 countries, with the end goal of establishing a logistical corridor linking China’s industrial heartland to international markets. The initiative has seen China finance investments in a number of countries, although rival plans from the US and others are also underway.

GCC countries sign work program to boost economic integration: The Secretariat General of the Gulf Cooperation Council (GCC) and the Federation of GCC Chambers inked a collaboration work program to advance Gulf cooperation and economic integrationon Monday,Muscat Daily reports. The collaboration is set to increase trade among member states and global economies. It will work on this by arranging training sessions, seminars and conferences, as well as facilitate research conducted by the federation, and boost private sector cooperation between member countries.

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