GCC security linked with development in Asia: Experts

GCC security linked with development in Asia: Experts

KUWAIT: The exchange of trade and information between Asian countries and Gulf Corporate countries (GCC) is invaluable for the energy security of south and east Asia, experts say. The remarks came during a panel discussion held as part of the “Looking East: Future prospects of Asia” conference organized by Kuwaiti think tank Reconnaissance Research.

The panel featured three experts from India and Japan who discussed the stability of the energy market, with a special focus on the security of the GCC region for the future of major Asian economies such as India, Japan, China and South Korea. Reconnaissance Research Founder and CEO Abdulaziz Mohammed Al-Anjeri moderated the discussion.

As Gulf countries, including Kuwait, are key players in world energy market, the security of the GCC region is something that “cannot be overstated,” said Senior Fellow at the Japanese Ministry of Defense and Former Ambassador to Qatar and the United Arab Emirates Kazuo Sunaga. Japan, he added, has had a prominent role in maintaining maritime security and will continue to uphold that commitment in the future.

Managing Director at the Institute of Energy Economics in Japan Yukari Yamashita emphasized that cooperation in the energy and technology fields between oil importing and producing countries “could