Business & Money | Sunday 5 July, 2015 4:54 am |

The Japanese ambassador to the Kingdom, Noriheiro Okoda, has held a meeting with Hashem Abdullah Yamani, president of the King Abdullah City for Atomic and Renewable Energy (K.A.CARE), and discussed bilateral cooperation in the fields of atomic and renewable energy.
The meeting began with a comprehensive overview of what KA.CARE is currently doing and discussed the projects it will work on in the future, a KA.CARE official said. 
The KA.CARE president lauded Japanese technical developments and hailed the cooperation between the Kingdom and Japan in areas of atomic and renewable energy and the aspiration to working on moving it to broader areas.
“A comprehensive cooperation in peaceful atomic and renewable energy between the two countries is the final objective of this bilateral cooperation,” sources disclosed Saturday.

The two countries are likely to reach an agreement on peaceful uses of atomic energy as the Kingdom is keen to promote an eco-friendly energy program. K.A.CARE aims to reduce the Kingdom’s dependence on petroleum to produce electrical energy by expediting the process for atomic and renewable energy in order to decrease carbon emissions in the atmosphere.
A number of officials from both sides attended the meeting.
Earlier, K.A.CARE also received South Korean Ambassador Kim Jin-soo to discuss a range of issues concerning atomic and renewable energy cooperation.
Yamani visited Seoul last year to explore cooperation in technical expertise between the countries, which includes cooperation in the matter of atomic energy.

South Korea has superior expertise in this field and is also supporting the United Arab Emirates in peaceful atomic energy programs. The Kingdom seeks cooperation in this direction as it aims to reduce its dependence on traditional fossil fuels with atomic and renewable energy by half by 2032.
Renewable energy is derived from naturally replenished resources such as sunlight, wind, rain, tides, waves, and geothermal heat.
The Kingdom also expects to develop its energy-industry infrastructure and create more jobs for Saudi youth.