Washington, 15 November 2023 (TDI): The United States and Japan conducted a high-level dialogue on an important occasion for the second ministerial meeting of the Japan-US Economic Policy Consultative Committee (EPCC).

KAMIKAWA Yoko, Minister for Foreign Affairs of Japan, together with NISHIMURA Yasutoshi, Minister for Economy attended Session I (Agenda: “Enabling an Innovative Environment for a Sustainable Future and Affirming an Equitable and Inclusive Future for all”).

This ministerial meeting was chaired by United States Secretary Antony Blinken and Ambassador Katherine Tai from the United States Trade Representative. Furthermore, Japan and the US have shared mutual commitments in economy, and security.

Additionally, both states have issued a joint statement, “We believe in the rules-based international economic order and making our economies more competitive and resilient.

“Collaborating with allies who share our vision, we aim to strengthen initiatives like the G7 Leaders’ Statement on Economic Resilience and Economic Security, as well as APEC, in order to forge a robust and sustainable future for everyone. This includes advancing the Indo-Pacific Economic Framework for Prosperity (IPEF).”

“These endeavors build upon our existing bilateral strategic cooperation, focusing on bolstering economic resilience and security. By actively mitigating vulnerabilities and addressing malicious practices that exploit and perpetuate these vulnerabilities, we are working to create a more secure and resilient economic landscape.”

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Moreover, Minister Kamikava further stressed “A World caring for Human Dignity”, considering the principle of Sustainable Development Goals (SDGs). She also emphasized inclusiveness where women have an equal part in assisting in natural disasters by following the agenda of Women Peace and Security (WPS) through joint actions.

Focusing on the Indo-Pacific, the blue economy is considered the central focus of major powers. Nations share a responsibility to strengthen their ties with peace, prosperity, and security. In this regard, Japan and the USA committed to counter non-market policies and practices that create strategic dependencies.

This ministerial dialogue also discussed various matters like cyber security, export controls, and reducing reliance on Russian energy, reflecting a comprehensive effort to strengthen international collaboration and security.