The two countries, UAE and Japan have decided to create financial bonds between themselves. Yesterday, an economic council gathered at UAE to discuss over certain issues.

A meeting was held in the capital between Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the Japanese minister of economy, trade and industry, Akihiro Ohata. During this summit, the Abu Dhabi - Japan Economic Council was launched.

According to WAM, the state news agency, Sheikh Mohammed has described the progress as a step to enhance economic relations and trade exchange between the two countries.

Mr. Ohata has said that the council was an important element in strengthening economic co-operation and assisting technology transfer and exchange of capability.

In addition to that, during this get-together it has been exposed the growing mutual knots between both the nations in fields i. e. power. Sheikh Mohammed has alleged that they have been anticipating their mutual aid to increase in different fields such as industry, technology, renewable energy, education and investments.