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The First Meeting of the Japan-Germany Economic Security Consultations

November 22, 2024

Joint Press Release with the Ministry of Foreign Affairs

On November 21, 2024, the first meeting of the Japan-Germany Economic Security Consultations took place in Berlin.

On November 21, 2024, the first meeting of the Japan-Germany Economic Security Consultations took place in Berlin. This bilateral framework was established under the recognition that Japan and Germany's cooperation is crucial for maintaining and expanding a free and fair international economic order, given the commonalities in industrial structures and advanced technological capabilities shared by both countries. The establishment of the framework was confirmed upon in July 2024 by then Japanese Prime Minister KISHIDA Fumio and German Federal Chancellor Olaf SCHOLZ.

On the Japanese side, the Ministry of Economy, Trade, and Industry and the Ministry of Foreign Affairs co-chaired the meeting and representatives from the National Security Secretariat and the Ministry of Finance also participated. The German side was co-chaired by the Federal Ministry for Economic Affairs and Climate Action and the Federal Foreign Office, with representatives from the Federal Chancellery, the Federal Ministry of the Interior, and the Federal Ministry of Finance in attendance.

Both sides exchanged views on key issues related to economic security, including strengthening the resilience of supply chains, responding to non-market policies and practices and excess capacity resulting from them, addressing economic coercion, and the protection and promotion of critical and emerging technologies. Both sides concurred to further enhance the cooperation in the field of economic security, including exchange of expertise.

Division in Charge

Europe Division, Trade Policy Bureau

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