Chairman of the Council of Saudi Chambers of Commerce and Industry, Engineer Abdullah Bin Saeed Al-Mubti and Japanese ambassador to the Kingdom of Saudi Arabia Shigeru Endo have held a meeting here, and discussed means of activating trade and economic relations between the two countries and enhancing the volume of trade exchange to the level of the existing bilateral fraternal and friendly ties. For his part, Al-Mubti hailed the strength of relations between the Kingdom and Japan and highlighted the importance of strategic partnership between them. "There is a common desire to increase cooperation and raise the terms of trade and investment," he said, stressing the necessity of activating the role of the private sector in both countries to develop and promote joint investments. He also pointed to the importance of removing all obstacles that hinder the advancement of trade and stressed the need for investment within the framework of the interest shown by the leaderships of the two countries. He called for exchange of mutual visits by officials of the two countries to facilitate the development of trade relations. Al-Mubti affirmed that Japan is the second most important strategic partner of the Kingdom and said the volume of trade exchange between the two countries accounted for nearly SR 136 billion.
