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Japan’s Takaichi to hold talks in Vietnam on economic security, critical minerals
Both sides are expected to discuss cooperation in areas such as energy and artificial intelligence
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Japan and Vietnam are set to agree to boost their partnership in economic security in leaders’ talks on Saturday, as Japan seeks to strengthen supply chains for critical resources amid its diplomatic spat with China and the Middle East crisis.
As Tokyo looks to deepen ties with Southeast Asian nations with an eye to China’s increasing economic engagement with the region, Prime Minister Sanae Takaichi will also give a speech on Japan’s updated vision for its free and open Indo-Pacific policy platform during her visit to Hanoi through Sunday.
An outcome document to promote cooperative ties in fields such as energy and artificial intelligence is expected to be released following Takaichi’s summit talks with Vietnamese Prime Minister Le Minh Hung, officials have said.
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Japan is Vietnam’s largest provider of official development help and a key investor and trading partner, with two-way trade surpassing US$50 billion for the first time last year.
The two countries also have a high-level strategic partnership which they agreed on Saturday to advance into a “new phase of development”, Hung said after the meeting.
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He said the two leaders signed six agreements spanning technology, climate preparedness and information and communication.
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