JEDDAH, Saudi Arabia, May 1 (UPI) — Japan and Saudi Arabia agreed to have talks that could lead to negotiations for export of Japanese nuclear energy technologies, an official said.
The agreement for working-level talks on the subject was reached between Japanese Prime Minister Shinzo Abe and Saudi Crown Prince Salman bin Abdulaziz al-Saud, Kyodo reported.
Abe was quoted as telling the Prince Salman, “Japan is enhancing the safety level of its nuclear plants” since the 2011 earthquake crippled the Fukushima-Daiichi nuclear plant.
Since the March 2011 disaster, 48 of Japan’s 50 nuclear reactors have been idled. This has sharply increased the cost of electricity in Japan as it has to increasingly on imported oil. Energy import costs have risen sharply with the weakening of the Japanese yen.
Japan also needs to increase its exports for economic recovery.