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A historic agreement between “Japan” and “Saudi Arabia” to cooperate in clean energy

May 22, 2024

Saudi Arabia and Japan signed a bilateral agreement to build supply chains for hydrogen and ammonia, two promising clean energy sources.

The agreement represents an important shift for both countries towards more sustainable energy sources, away from dependence on oil and gas. The agreement also opens broad horizons for economic cooperation between the two countries, especially in the fields of technology and innovation.

The agreement confirms the two countries' keenness to strengthen bilateral relations and expand areas of cooperation, and will have a positive impact on regional efforts to combat climate change.

According to the agreement, the two countries will work to establish integrated supply chains for hydrogen and ammonia, including production, storage, and transportation. The two countries will cooperate in research and development to develop new technologies to produce hydrogen and ammonia more efficiently. It will also work to attract investments in clean energy projects in both countries.

The agreement comes within the framework of Saudi Arabia's "Vision 2030", which aims to diversify the economy and reduce dependence on oil.

Japan is one of the largest energy importers in the world, and seeks to reduce carbon emissions. Therefore, the agreement is considered a role model for international cooperation in the field of clean energy and combating climate change.