Foreign Minister Prince Saud Al-Faisal and Minister of Planning Dr. Abdulwahab Attar today co-signed with the Japanese ministers of foreign affairs and of industry and international trade, a memorandum for a program of Saudi-Japanese cooperation. The memorandum is aimed at formulating a new framework for implementation of joint projects in the fields of environment, health, technology, culture, sports, investment, and the development of human resources.
Minister of Industry and Electricity Dr. Hashem Abdullah Yamani and Minister of Planning Dr. Abdulwahab Attar co-signed with the Japanese ministers of foreign affairs, and of industry and international trade, a protocol to promote cooperation in regard to the institute for automotive technical training, aimed at transferring technology and enhancing the role of the private sector.
In addition, Foreign Minister Prince Saud Al-Faisal signed with the Japanese foreign minister an agreement on a youth cooperation program aimed at strengthening relations between the two countries in the areas of sports and youth.

In a press statement after the signings, Prince Saud Al-Faisal described relations between Saudi Arabia and Japan as dating back to the era of King Abdul Aziz and flourishing today, with the Kingdom Japan's largest supplier of oil. Prince Saud hoped that the basis of these relations would expand to cover joint ventures, and referred to the four task forces that were formed at the time of then-Premier Hashimoto's visit to the Kingdom to explore areas of cooperation in investment, and in aspects of culture, commerce, and sports. He went on to confirm that Saudi Arabia and Japan share identical political views, citing mutual support for implementation of UN resolutions, non-proliferation of mass destruction weapons, and the fight against terrorism and drug trafficking.

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