Japan's Abe offers Saudi crown prince help in reducing oil dependency

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Japan's Abe offers Saudi crown prince help in reducing oil dependency
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Japanese Prime Minister Shinzo Abe on Sunday praised Saudi Arabia's efforts...

Saudi Arabia's Crown Prince Mohammed bin Salman, left, and Japanese Prime Minister Shinzo Abe, right, shake hands during their meeting in Osaka, western Japan Sunday, June 30, 2019. Eugene Hoshiko/Pool via REUTERS

“Saudi Arabia’s ‘Vision 2030’ is an unprecedented major reform aimed at shifting away from dependence on oil and at diversifying industry, under your majesty’s initiative,” Abe told the crown prince at the beginning of a bilateral meeting after a summit of Group of 20 leaders in the city of Osaka. Riyadh announced the reform plan in 2016, with goals ranging from overhauling its state-owned Public Investment Fund to increasing visits of Muslim pilgrims and encouraging more Saudis to play sports.

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