{"id":72182,"date":"2023-07-19T00:00:00","date_gmt":"2023-07-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/19\/uae-japan-boost-trade-ties-ksa-turkey-agree-to-boost-investments-plus-algeria-china-to-cooperate-on-belt-road-initiative-gcc-countries-agree-to-boost-trade-and-oman-iran-discuss-boosting-t\/"},"modified":"2023-07-19T00:00:00","modified_gmt":"2023-07-19T00:00:00","slug":"uae-japan-boost-trade-ties-ksa-turkey-agree-to-boost-investments-plus-algeria-china-to-cooperate-on-belt-road-initiative-gcc-countries-agree-to-boost-trade-and-oman-iran-discuss-boosting-t","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/19\/uae-japan-boost-trade-ties-ksa-turkey-agree-to-boost-investments-plus-algeria-china-to-cooperate-on-belt-road-initiative-gcc-countries-agree-to-boost-trade-and-oman-iran-discuss-boosting-t\/","title":{"rendered":"UAE, Japan boost trade ties + KSA, Turkey agree to boost investments. PLUS: Algeria, China to cooperate on Belt + Road initiative, GCC countries agree to boost trade, and Oman, Iran discuss boosting transport cooperation"},"content":{"rendered":"

<\/span>UAE + Japan eye stronger trade ties: <\/span>Abu Dhabi Executive Council member <\/span>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 <\/span>WAM r<\/a><\/span>eports. The agreements inked came during the visit of Kishida to the UAE, where the pair also agreed to enhance collaboration in the aviation sector, <\/span>Al Arabiya<\/a><\/span>reported. <\/span><\/p>\n

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

<\/p>\n

\n

Algeria + China agree to boost cooperation on Belt + Road Initiative:<\/span> Algerian<\/span> President Abdelmadjid Tebboune<\/span> and <\/span>China\u2019s President Xi Jinping<\/span> agreed to cooperate on implementing China\u2019s Belt and Road Initiative (BRI) logistical corridor, according to China\u2019s state run <\/span>CGTN<\/a><\/span>. <\/span>Tebboune touched down in Beijing following a <\/span>two-day visit to Doha, state-owned <\/span>Algeria Press Service<\/a><\/span> said. The visit also saw China and Algeria ink a slew of bilateral agreements on telecommunications, sustainable urban development, and trade, <\/span>according to a CCTV statement cited by <\/span>Reuters<\/a><\/span>. <\/span><\/p>\n

ICYMI- <\/span>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\u2019s industrial heartland to international markets. The initiative has seen China <\/span>finance investments<\/a><\/span> in a number of countries, although <\/span>rival plans<\/a><\/span> from the US and others are also underway.<\/span><\/p>\n

<\/p>\n

\n

GCC countries sign work <\/span>program<\/span> to boost economic integration: <\/span>The Secretariat <\/span>General of the Gulf Cooperation Council (GCC) and the Federation of GCC Chambers inked a collaboration work program to advance Gulf cooperation and economic integration<\/span>on Monday,<\/span>Muscat Daily<\/a><\/span> 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. <\/span><\/p>\n

ALSO WORTH KNOWING-<\/span><\/p>\n