Japan and Canada to establish economic security dialogue

Japan and Canada plan to establish an economic security dialogue to strengthen supply chains for critical minerals and energy resources. The summit between Prime Minister Sanae Takaichi and Prime Minister Mark Carney will focus on China's dominance in key materials. The talks, set for Friday night in Tokyo, aim to expand cooperation between the two countries.

On March 6, 2026, a summit between Japan and Canada will take place in Tokyo. Canadian Prime Minister Mark Carney arrives in Japan on Friday afternoon for his first visit since taking office. Following talks with Prime Minister Sanae Takaichi, the two countries will issue a joint statement outlining a comprehensive strategic roadmap.

The roadmap covers six areas, including stronger defense ties, economic security, and energy security. It emphasizes the importance of a 'Free and Open Indo-Pacific' and expresses strong opposition to any unilateral attempts to change the status quo by force or coercion in the East and South China Seas, with China in mind. This stance aims to deepen defense cooperation between the two nations that share values like the rule of law.

On defense, the countries will begin discussions toward a Reciprocal Access Agreement to define the legal status of Self-Defense Forces personnel and Canadian troops, facilitating joint exercises. In response to cyber threats, they will establish a new cyber dialogue among relevant agencies and ministries.

For energy security, cooperation will promote stable import routes for crude oil and liquefied natural gas (LNG), while expanding collaboration in clean energy areas such as nuclear technology and hydrogen. On economic security, the statement voices grave concern over economic coercion, particularly China's export restrictions on critical minerals to Japan. The two will launch a new vice minister-level dialogue on economic security, with the first meeting planned before the end of the year, and work to strengthen supply chains for critical minerals and other strategic goods.

These initiatives seek to reduce dependence on any single country and support stability in the Indo-Pacific, alongside regular mutual visits by leaders and cabinet ministers to bolster bilateral exchanges.

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Illustration of international experts at the Tokyo Economic Security Forum discussing supply chain security and strategic materials amid global trade tensions.
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Tokyo hosts inaugural economic security forum

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Japan's government is hosting the inaugural Tokyo Economic Security Forum on December 15 in Tokyo. Amid global uncertainties from the US-China trade war and high tariffs under the Trump administration, experts from around the world will discuss securing strategic materials and protecting supply chains. The importance of public-private collaboration is highlighted.

Around 50 government officials, researchers, and others from Japan and India gathered in New Delhi for a meeting to discuss promoting economic security cooperation between the two countries. Participants confirmed the importance of establishing supply chains spanning both nations for strategic materials like semiconductors and rare earth minerals. Both countries face the shared challenge of diversifying supply chains amid China's export restrictions on rare earths and the protectionist high-tariff policies of U.S. President Donald Trump's administration.

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Canadian Prime Minister Mark Carney will visit Japan as part of a three-nation Indo-Pacific tour. The trip comes amid trade tensions from U.S. President Donald Trump's tariff policies, aiming to diversify trade and attract investment. He will hold a bilateral summit with Japanese Prime Minister Sanae Takaichi to strengthen partnerships in advanced manufacturing, critical minerals, and food security.

Japanese Defense Minister Shinjiro Koizumi confirmed with his British and Italian counterparts in Munich on Friday an agreement to accelerate joint development of a next-generation fighter jet, the government said. In the talks, they shared the view that security in the Indo-Pacific and Euro-Atlantic regions is inseparable.

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Amid ongoing China-Japan tensions sparked by Sanae Takaichi's prior Taiwan remarks, Japan is bolstering ties with South Korea while facing Beijing's new export curbs on rare earths and dual-use items, prompting stockpiling and G7 coordination.

South Korea's and Japan's defense chiefs reaffirmed trilateral security cooperation with the United States at the ASEAN Defense Ministers' Meeting-Plus in Kuala Lumpur on November 1. They emphasized bilateral ties amid North Korean nuclear and missile threats, with South Korean Minister Ahn Gyu-back calling for China's constructive role. The forum addressed regional peace amid intensifying U.S.-China rivalry.

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Japan's Defense Minister Shinjiro Koizumi highlighted the importance of the rules-based global order at the Munich Security Conference, linking Indo-Pacific security to the Euro-Atlantic region amid concerns over Chinese military activities. He pledged to keep communication channels open with China despite strained ties.

 

 

 

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