EU and Japan deepen cooperation to ensure stronger and more reliable supply chains

The HLED was co-chaired by European Commission Executive Vice-President and Commissioner for Trade Valdis Dombrovskis, Kamikawa Yoko, who is Japanese minister for foreign affairs, and Japan's minister of economy, trade and industry, Saito Ken.

The EU and Japan aim to coordinate and advance their efforts to address strategic dependencies and systemic vulnerabilities in global supply chains by improving their resilience and reliability, particularly in the context of addressing risks related to non-market economies and unfair competition. They pledged to work closely together on climate change, energy security, cyber security and stability of supply, based on jointly agreed principles.  

The EU and Japan stressed the importance of enhancing their cooperation on economic security. They reiterated the essential role of the international rules-based trading system in underpinning the stability of global trade.

The HLED reaffirmed the crucial importance of such cooperation between the EU and Japan, in particular in the current geopolitical context. It confirmed their strategic alignment, and stressed the importance of continuous and deepened cooperation, both at multilateral level, with renewed efforts to ensure the WTO is reformed, as well as at bilateral level, building on a successful implementation of the EU-Japan Economic Partnership Agreement.

For more information

Joint Press Statement - EU-Japan High Level Economic Dialogue

EU-Japan Economic Partnership Agreement