Riyadh: Minister of Energy of the Kingdom of Saudi Arabia Prince Abdulaziz bin Salman bin Abdulaziz and Minister of Economy, Trade and Industry of Japan AKAZAWA Ryosei held a virtual meeting today. During the meeting, both sides reaffirmed the strong and longstanding strategic partnership between the Kingdom of Saudi Arabia and Japan and discussed ways to further strengthen bilateral cooperation, particularly in the energy sector.

According to Saudi Press Agency, Minister AKAZAWA referred to the letter conveyed from Prime Minister TAKAICHI Sanae to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia. The letter concerns the enhancement of cooperation between the two friendly countries in the fields of energy and related areas.

The two ministers emphasized the importance of continued coordination and collaboration in support of the stability and security of global energy markets. They explored opportunities to expand cooperation in areas including energy supply chains, energy infrastructure, strategic stockpiling, and investment.

Both sides also agreed to establish a joint task force, which will commence its work as soon as possible. The task force will discuss the proposals by both the Japanese and Saudi sides and identify further avenues for cooperation between the two countries and broader Asian countries in the energy sector.

The ministers welcomed the continued engagement between the two countries and expressed their aspiration to further develop the strategic energy partnership between the Kingdom of Saudi Arabia and Japan.