"Takaichi met her Vietnamese counterpart, Le Minh Hung, on Saturday in Hanoi, where the two leaders oversaw the signing of six cooperation agreements, including on disaster-resilient rural development, climate-resilient infrastructure and satellite data exchange."
"The two governments agreed to work toward raising Japanese investment in Vietnam to $5 billion per year and bilateral trade to $60 billion by 2030, according to Vietnam's Foreign Ministry."
"Japan's long-term push to diversify its critical minerals supply away from Chinese dominance is now a central feature of its partnerships with Indo-Pacific partners."
"Takaichi also pledged $10 billion to help Asian partners secure energy resources and strengthen supply chains amid disruption caused by conflict in the Middle East."
Japan's Prime Minister Sanae Takaichi announced an updated regional strategy in Vietnam, emphasizing Tokyo's reliance on Southeast Asia. Takaichi and Vietnamese Prime Minister Le Minh Hung signed six cooperation agreements, including disaster-resilient development and climate infrastructure. The two nations aim to increase Japanese investment in Vietnam to $5 billion annually and bilateral trade to $60 billion by 2030. Japan and Vietnam share concerns over China's territorial claims. Takaichi pledged $10 billion to support energy resources and supply chains, highlighting cooperation on critical minerals and technology.
Read at www.dw.com
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