Credit By: Travel Daily News Asia
The Japan Kyoto Trade Exhibition, a collaborative initiative between the governments of Kyoto, Japan, and Dubai’s Department of Economy and Tourism (DET), has officially commenced at the Dubai World Trade Centre. This three-day event is not only anticipated to attract over 20,000 visitors but is also set to play a pivotal role in fostering stronger economic relations between the business communities of Dubai and Japan.
Inauguration and Dignitaries
The exhibition was inaugurated with a prestigious ceremony led by Mohammed Ali Rashid Lootah, the Director-General of Dubai Chambers, and Akimasa Yamashita, the Vice-Governor of Kyoto’s government. In attendance were key figures such as Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing, Sheikh Manaa bin Hashir Al Maktoum, and Mai Sakaue, CEO of Maico Enterprise Inc., the organizer of the exhibition.
Emphasizing its economic significance, Lootah highlighted that the Japan-Kyoto Trade Exhibition serves as a vital platform for strengthening bilateral relations across various economic sectors. He underscored the growing interest in attracting Japanese investments to Dubai, citing an impressive total of 310 active Japanese companies registered in Dubai Chamber’s membership by the end of the previous year.
Cultural and Industrial Heritage of Kyoto
Kyoto as a Cultural Hub
Beyond its economic significance, Kyoto stands as a historic city and the epicenter of Japanese culture. Over the centuries, Kyoto has been a nurturing ground for traditional crafts, foods, and cultural practices. The exhibition provides a unique opportunity to showcase these aspects on a global stage.
Cutting-Edge Industries in Kyoto
In addition to its rich cultural heritage, Kyoto is a hub for cutting-edge industries. The city is home to numerous leading companies engaged in semiconductors, decarbonization technologies, and content creation, including movies, anime, and gaming. This blend of tradition and innovation positions Kyoto as a unique player in the global economic landscape.
Economic Statistics and Trade Relations
Underscoring the economic ties between Japan and the UAE, recent statistics from the Japan External Trade Organisation reveal that the UAE has emerged as the top destination in the Middle East for Japan’s exports. The total value of exports during the first 11 months of 2023 reached an impressive $8 billion, contributing significantly to economic bilateral relations.
Japan’s exports to the UAE constitute a substantial 39.5% of its total exports to the Middle East during the mentioned period, demonstrating the strength and depth of economic collaboration between the two nations.
Mai Sakaue, the CEO of Maico Enterprise Inc., expressed her excitement about the exhibition, describing it as a first-of-its-kind business-to-business engagement representing Japan. She anticipates a successful introduction in Dubai, fostering fruitful business initiatives. Sakaue emphasized that Dubai serves as the optimal launchpad for international business ventures, and the Japan Kyoto Trade Exhibition stands as a testament to its commitment to enhancing trade relations, stimulating economic growth, and fostering innovation in the Middle East.
The Japan Kyoto Trade Exhibition is not merely an event but a dynamic platform that symbolizes the ongoing commitment to strengthen economic ties and collaboration between Japan and Dubai. As the exhibition unfolds, it is expected to open up new avenues for exploration, business partnerships, and cultural exchange, contributing to the growth and diversification of the economic landscape in both regions.
Follow ARP Media for more informative blogs.