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Japan plans gathering with GCC finance chiefs for ties

by Reuters

TOKYO Aug 20, 2023 - 1:29 pm GMT+3
Japanese Prime Minister Fumio Kishida (L) and Saudi Arabian Crown Prince Mohammed bin Salman (C) are pictured before their talks in Jeddah, Saudi Arabia, July 16, 2023. (Reuters Photo)
Japanese Prime Minister Fumio Kishida (L) and Saudi Arabian Crown Prince Mohammed bin Salman (C) are pictured before their talks in Jeddah, Saudi Arabia, July 16, 2023. (Reuters Photo)
by Reuters Aug 20, 2023 1:29 pm

Japan is making preparations for a meeting of foreign ministers from Japan and the Gulf Cooperation Council (GCC) member states in Saudi Arabia in early September, Kyodo news agency said Sunday, quoting unnamed diplomatic sources.

Japan aims to strengthen ties with oil-producing countries to ensure a stable energy supply from the Middle East, where the influence of the United States is declining while China's influence is rising, Kyodo said.

Japan's Foreign Minister Yoshimasa Hayashi will attend the meeting and may also visit Egypt and Jordan, Kyodo said.

No comment was immediately available from Japan's foreign ministry.

The GCC is a union of six countries in the Gulf region: Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Oman and Bahrain.

Free trade deal

Japanese Prime Minister Fumio Kishida visited the Middle East in July when Japan and the GCC announced the resumption of talks on a free trade agreement.

The foreign ministers are expected to discuss a free trade deal and technical cooperation in next-generation energy sources, Kyodo said, adding that Iran's nuclear program may also be on the agenda.

Resource-poor Japan is trying to beef up its energy security, as it remains highly dependent on imports of oil and liquefied natural gas (LNG). It relies on the Middle East for over 90% of its crude oil.

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