Joint Press Release: Japan – U.S. Commercial and Industrial Partnership Ministerial Meeting

Joint Press Release: Japan – U.S. Commercial and Industrial Partnership Ministerial Meeting
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Wed, 04/10/2024 – 18:30

Export and investment promotion

FOR IMMEDIATE RELEASE

Wednesday, April 10, 2024

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U.S. Department of Commerce Secretary Gina Raimondo and Japanese Minister of Economy, Trade, and Industry (METI) Saito Ken held the third Japan-U.S. Commercial and Industrial Partnership (JUCIP) Ministerial Meeting in Washington, DC, on April 10. The Secretary and Minister reviewed progress made to date in deepening bilateral economic and commercial cooperation, and discussed how they will contribute to the implementation of outcomes from the Japan-U.S. Summit that was held between President Biden and Prime Minister Kishida earlier in the day.

The Secretary and Minister committed their ministries to accelerating Commerce-METI cooperation to achieve more transparent, robust, and sustainable supply chains, including addressing non-market policies and practices, and cooperating on current-generation and mature-node (“legacy”) semiconductors, as agreed upon in the Japan-U.S. Economic Policy Consultative Committee (EPCC, or Economic “2+2”) Ministerial Meeting held on November 14, 2023, in San Francisco. The Secretary and Minister also acknowledged the progress made through Commerce-METI cooperation in critical and emerging technologies, including semiconductors, AI, quantum, and biotechnology, and committed to further collaboration between the ministries. They agreed to continue existing, robust export control cooperation to address national security threats and protect critical and emerging technologies from abuse by malign actors who seek to use them in contravention to our regional and national security interests.

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International Trade Administration

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Japan

Read the full report from the U.S. Department of Commerce: Read More