Joint Crediting Mechanism (JCM)
Joint Crediting Mechanism (JCM)
Japan and the Kingdom of Saudi Arabia consented to establishing the JCM
May 13th, 2015
May 13th, 2015, H.E. Mr. Norihiro Okuda , Ambassador of Japan to the Kingdom of Saudi Arabia, and His Royal Highness Prince Abdulaziz Bin Salman Bin Abdulaziz, Vice Minister of Petroleum and Mineral Resources of the Kingdom of Saudi Arabia, consented to establishing the Joint Crediting Mechanism (JCM) between Japan and the Kingdom of Saudi Arabia. As a result, the JCM will be officially launched in the Kingdom of Saudi Arabia, the thirteenth country after Mongolia, Bangladesh, Ethiopia, Kenya, Maldives, Viet Nam, Lao PDR, Indonesia, Costa Rica, Palau, Cambodia and Mexico.