Japanese Prime Minister Sanae Takaichi met with Italian Prime Minister Giorgia Meloni and they agreed to cooperate with each other on enhancing economic security, according to a report by Kyodo News. Meloni is on her first official visit to Japan since taking office in 2022.
For the newcomers reading this, Japan is currently dealing with the aggression of Communist China not only diplomatically but also economically. Prime Minister Takaichi will soon meet US President Donald Trump in America.
To put things in perspective, posted below is an excerpt from the news article of Kyodo News. Some parts in boldface…
Japanese Prime Minister Sanae Takaichi and her Italian counterpart Giorgia Meloni agreed Friday to cooperate in strengthening economic security including supply chains of critical minerals as they aligned their nations more closely in the face of China’s growing clout.
The two countries upgraded their “strategic partnership” to a “special strategic partnership” to boost ties in “all sectors” including security and culture, Takaichi and Meloni said in a joint statement released after their meeting in Tokyo.
The leaders “shared grave concern for all forms of economic coercion and for use of nonmarket policies and practices and use of export restrictions which disrupt global supply chains for key goods and components,” they said, in an apparent reference to China.
Japan and Italy will also establish a consultative body to promote cooperation in space technology and will advance collaboration in areas such as artificial-intelligence robotics and semiconductors, the statement said.
“As the international community faces a complex crisis and the strategic environment surrounding the Indo-Pacific region has become severe, close collaboration between like-minded countries has become more important than ever,” Takaichi told a joint press appearance with Meloni after the talks.
Japan and Italy, both Group of Seven members, will also work together on securing liquefied natural gas in case of emergencies, among other infrastructure and energy issues, Takaichi said.
Meloni said that the alliance between Japan and Italy has “high potential” and that she discussed with Takaichi diversifying critical mineral providers and reinforcing the resilience of their supply chains.
Japan and Italy share concerns over China, a dominant producer of rare earths essential for cutting-edge products whose trade practices are often criticized as coercive.
Beijing imposed stricter controls on exports to Japan of dual-use items last week, escalating a bilateral spat sparked by Takaichi’s remarks in November suggesting an attack on Taiwan could trigger a response by her nation’s defense forces. The targeted goods may include rare earths.
Japan and Italy are heavily dependent on imports from China for their rare earth supplies.
Finance ministers from the G7 nations and some other countries agreed Monday to accelerate the reduction of their overreliance on China for critical minerals during their gathering in Washington.
Tokyo and Rome have also been ramping up defense collaboration against the background of China’s growing military reach in the Indo-Pacific region and Russia’s invasion of Ukraine, taking the view that security in the Indo-Pacific and Euro-Atlantic is inseparable.
The two countries have a joint trilateral project with Britain to develop a next-generation fighter jet they aim to deploy by 2035.
For added insight, watch the Nippon TV videos below.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think big developments will happen once Japan and Italy start a new series of cooperation tackling economics and military matters? Do you think Italy and Japan will be able to find alternative sources of rare earth supplies and heavily cut their dependence on China? Do you think China will react angrily at Japan and Italy?
You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.
+++++
Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco
Author Carlo Carrasco 