Canada is dispatching a trade mission to Japan to increase bilateral trade by drawing on its natural resources, AI expertise, and agricultural products.
Canada has sent a trade mission to Japan as part of efforts to diversify its trade relationships.
The initiative focuses on leveraging Canada's abundant natural resources along with its capabilities in AI and agricultural products to expand economic ties.
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Japanese Prime Minister Sanae Takaichi pledged on Saturday to deepen ties with Vietnam, focusing on energy and critical minerals in talks with Prime Minister Le Minh Hung. The leaders discussed advancing their Comprehensive Strategic Partnership established in 2023. Takaichi later urged Southeast Asian nations to strengthen regional supply chains.
India and Canada have launched a trade and investment forum to strengthen commercial ties and improve connectivity between the two nations.
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Japanese Prime Minister Sanae Takaichi is considering a visit to Australia during Golden Week to affirm bilateral cooperation on stable energy supplies and rare earths amid Middle East tensions. Diplomatic sources said she expects to meet Australian counterpart Anthony Albanese to reach an agreement on critical minerals supply chains. Topics will also include safe navigation in the Strait of Hormuz and regional security.
Japan will procure crude oil from Russia for the first time since U.S.-Israeli strikes on Iran in February closed the Strait of Hormuz. A tanker carrying oil from Russia's Sakhalin-2 project is heading to the country, a trade ministry official said Saturday. Resource-poor Japan aims to diversify away from Middle East imports.
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The draft revision of the Artificial Intelligence Basic Plan highlights the growing risk of cyberattacks that exploit AI and calls for stronger global cooperation.