Emirati citizens will be able to travel visa-free to Japan under a partnership signed on Wednesday that aims to strengthen bilateral relations.
The strategic agreement aims to encourage more diplomatic, economic and political participation, trade, and investment between the two countries.
It was signed in Tokyo by Dr Sultan Al Jaber, Minister of Industry and Advanced Technology and the UAE's special envoy to Japan, and Yoshimasa Hayashi, Japan's Minister of Foreign Affairs.
Dr Al Jaber said the deal will encourage more tourism, cultural and academic exchanges between the two nations, in addition to encouraging new opportunities for business, trade and investment.
The date of the exemption from entry-visa requirements will be announced in due course, state news agency Wam reported.
The partnership agreement was launched during a meeting on Monday between a UAE delegation, led by Sheikh Khaled bin Mohamed, member of the Abu Dhabi Executive Council and chairman of the Abu Dhabi Executive Office, and Japanese Prime Minister Fumio Kishida.
Details of the agreement were announced in 2018 when Shinzo Abe, prime minister at the time, visited Abu Dhabi.
The main areas of partnership cover co-operation in the political and diplomatic field, including bilateral and multilateral co-operation.
It also includes co-operation in the provision of development and humanitarian assistance, co-operation in the field of economy, trade, energy and industry by strengthening the business environment for trade and investment in all sectors, such as manufacturing and technology, infrastructure, artificial intelligence, healthcare, small and medium enterprises, as well as agriculture, environment and climate change, education, science, technology, defence and security.
Sheikh Khaled also attended an official reception for the Japan-Emirati Friendship Association in Tokyo. He praised the strong economic relations between the UAE and Japan and the role of the Friendship Association in strengthening co-operation between the two countries.
This week's visit has allowed both sides to reflect on economic ties and friendship over the past 50 years, Wam reported.
The UAE has been one of Japan's main suppliers of oil for the past half century, today providing 20 per cent of its oil needs.
The Emirates is also Japan's tenth-largest trading partner globally, according to 2021 statistics. The value of Japanese investments in the Emirates has exceeded $14 billion.
Japan was one of the first countries to establish diplomatic relations with the UAE in 1971.
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
Three ways to limit your social media use
Clinical psychologist, Dr Saliha Afridi at The Lighthouse Arabia suggests three easy things you can do every day to cut back on the time you spend online.
1. Put the social media app in a folder on the second or third screen of your phone so it has to remain a conscious decision to open, rather than something your fingers gravitate towards without consideration.
2. Schedule a time to use social media instead of consistently throughout the day. I recommend setting aside certain times of the day or week when you upload pictures or share information.
3. Take a mental snapshot rather than a photo on your phone. Instead of sharing it with your social world, try to absorb the moment, connect with your feeling, experience the moment with all five of your senses. You will have a memory of that moment more vividly and for far longer than if you take a picture of it.
How to keep control of your emotions
If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.
Greed
Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.
Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.
Fear
The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.
Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.
Hope
While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.
Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.
Frustration
Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.
Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.
Boredom
Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.
Tip: Open an online demo account and get your thrills without risking real money.
Essentials
The flights
Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes.
The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast.
The tours
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.
The five pillars of Islam
Read more from Aya Iskandarani
THE BIO
Favourite book: ‘Purpose Driven Life’ by Rick Warren
Favourite travel destination: Switzerland
Hobbies: Travelling and following motivational speeches and speakers
Favourite place in UAE: Dubai Museum
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
How to donate
Send “thenational” to the following numbers or call the hotline on: 0502955999
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