Tag: Japan

Japanese and South Korean Leaders Agree to Energy and Supply Chain Cooperation

Everything seems to have gone well during the Lee-Takaichi summit. Hopefully the positive direction of Korea-Japan relations continues:

President Lee Jae Myung and Japanese Prime Minister Sanae Takaichi agreed to strengthen cooperation on supply chains, including crude oil and liquefied natural gas (LNG), during a bilateral summit in Lee’s hometown of Andong, North Gyeongsang Province, Tuesday.

The agreement was reached as the two neighbors are deepening bilateral ties through continued summit diplomacy, amid heightened global energy security risks stemming from the U.S. war on Iran.

“We agreed that close bilateral cooperation is needed more than ever amid the instability in supply chains and energy markets arising from the recent situation in the Middle East,” Lee said in a joint press statement after the summit.

Korea Times

You can read more at the link.

President Lee and PM Takaichi to Meet in Andong to Discuss Middle East Crisis and Other Issues

Hopefully this summit continues to the positive direction of ROK and Japanese relations:

Takaichi will be received at Daegu International Airport, near Andong, by South Korea’s Second Vice Foreign Minister Kim Jina before heading to a hotel, where she will meet Lee for talks.

Honor guards in traditional costumes and gear will escort Takaichi as she is ushered into the hotel, where a 12-member color guard will welcome her at the entrance, according to presidential officials.

Lee and Takaichi will first hold a small-group meeting, followed by an expanded meeting, before making a joint press announcement on the results of their talks. 

Agenda items will likely include bilateral cooperation in response to the ongoing Middle East conflict, security in Northeast Asia and efforts to address disruptions in global supply chains.

Yonhap

You can read more at the link.

Japanese Prime Minister Planning Meeting at Korean President’s Hometown

It looks like Prime Minister Takaichi and President Lee have formed so far a strong relationship:

Japanese Prime Minister Sanae Takaichi is considering visiting Korea later this month for a summit with President Lee Jae Myung in his hometown of Andong, Japanese media outlets said Saturday, citing diplomatic sources.

Japan’s Kyodo News and other media outlets reported that Takaichi is expected to visit South Korea on May 19 for a two-day trip and hold talks with Lee in Andong, about 190 kilometers southeast of Seoul, on economic security cooperation, including energy and critical mineral supply chains amid the Middle East conflict.

Takaichi last visited South Korea in October, just nine days after she took office, and held talks with Lee on the sidelines of the Asia Pacific Economic Cooperation (APEC) Summit in the southeastern city of Gyeongju.

Korea Times

You can read more at the link.

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Mitsubishi Heavy Industries Signs Contract to Build 11 Frigates for Australian Navy

Here is an example of the Japanese defense industry expanding into export markets:

Australia will purchase 11 Japanese-built Mogami-class frigates, with the first delivery expected in 2029, officials from both countries announced, underscoring growing defense ties amid concerns about China’s military expansion. Australian Defence Minister Richard Marles and his Japanese counterpart Shinjiro Koizumi unveiled the deal Saturday aboard the Japan Maritime Self-Defense Force frigate JS Kumano in Melbourne. The contract, valued at up to $10 billion, calls for initial ships to be built in Japan by Mitsubishi Heavy Industries, with later vessels potentially constructed in Australia by Austal, according to Australian government statements.

Stars & Stripes

You can read more at the link.