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FINANCIAL NEWS
Saudi Arabia, Japan to boost nuclear cooperation
11 May 2010
(MENAFN) Kyodo News Agency reported that Japan and Saudi Arabia have agreed to enhance cooperation in the area of atomic energy and to hold regular policy dialogue meetings on issues related to water businesses.
The agreement was reached during a ministerial-level meeting in Tokyo, during which Saudi Arabia, the biggest oil supplier to Japan, also expressed its continued commitment to help stabilize the petroleum market.
On atomic energy, particularly as it relates to electricity and water, the two countries agreed to conduct exchanges of visits at the government level, the report said.
Saudi Arabia, for its part, expressed its interest in Japan’s technology in such fields, the official said. The first water policy dialogue was held in April and the second dialogue is scheduled to be held in June in Riyadh.
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