Japan and UK Strengthen Economic Ties with Focus on Free Trade
Officials from both nations commit to countering trade fragmentation and advancing WTO reforms during Tokyo talks.
- Japan and the UK held their first '2+2' economic dialogue in Tokyo, involving trade and foreign ministers from both countries.
- Both nations emphasized the importance of fair, rules-based international trade and pledged to address growing trade fragmentation globally.
- Discussions included commitments to enhance economic security partnerships, strengthen supply chains, and ensure a level playing field in global trade.
- The ministers agreed to collaborate on World Trade Organization reforms and address issues like nonmarket practices and clean energy transitions in developing nations.
- The talks occurred in the context of escalating U.S. tariff threats under President Trump, with Japan seeking exemptions on steel and aluminum tariffs.