In a move to enhance economic security amidst China’s assertive actions in the Indo-Pacific, Japan and the United States recently conducted their second round of two-plus-two ministerial talks. The discussions focused on strengthening economic and diplomatic cooperation between the two countries.
The talks took place in San Francisco, where the Japanese Foreign Minister Yoko Kamikawa and Industry Minister Yasutoshi Nishimura, along with their American counterparts, Secretary of State Antony Blinken and Commerce Secretary Gina Raimondo, were attending the Asia-Pacific Economic Cooperation forum.
During the talks, the ministers aimed to finalize the details of their bilateral cooperation based on a four-pillar agreement reached in July 2022. This agreement aims to promote a rules-based economic order, counteract economic coercion and unfair lending practices, secure critical technologies, and strengthen supply chains.
Both Japan and the United States recognize the need for closer coordination to establish robust supply chains for vital products necessary for national security, such as semiconductors. They also expressed concerns over China’s use of economic means, including trade restrictions, to achieve its objectives through a practice known as economic coercion.
Furthermore, Japan and the United States have been collaborating to address the challenges posed by emerging technologies like artificial intelligence and quantum technology. They are particularly focused on China’s pursuit of advanced dual-use military-civil technologies.
A key driver of their cooperation is their shared vision for a free and open Indo-Pacific region. As China continues to expand its influence with assertive actions, the United States is increasing its engagement in the region, making bilateral cooperation all the more critical.
The recent talks between Japan and the United States emphasize their commitment to upholding a rules-based economic order and countering China’s assertiveness. By aligning their efforts and focusing on economic security, they aim to protect their national interests and ensure stability in the Indo-Pacific region.
In related news, the United States, Japan, and South Korea have also agreed to collaborate on addressing the challenges posed by North Korea and ensuring economic security. However, no trade deal was reached during the U.S.-led Indo-Pacific economic meeting.
As tensions rise in the Indo-Pacific region, the collaboration between Japan, the United States, South Korea, and other like-minded countries becomes increasingly important. By joining forces, they aim to address common challenges and safeguard their shared values and interests.
In conclusion, the two-plus-two ministerial talks between Japan and the United States have reinforced their commitment to economic security. With China’s assertive actions in the Indo-Pacific region, the two nations are working together to strengthen their cooperation, protect critical technologies, and build resilient supply chains. Their efforts are rooted in a shared vision of a free and open Indo-Pacific, as they navigate the evolving geopolitical landscape.
