Ministers confirm cooperation on critical minerals for supply chain resilience
LONDON — Japan and the U.K. agreed Wednesday to establish a new ministerial dialogue on economic policy and trade, and affirmed plans for joint investment to secure rights to critical minerals in regions such as Africa.
Japanese Economy, Trade and Industry Minister Yasutoshi Nishimura and British counterpart Kemi Badenoch issued a joint statement on the framework after their meeting here. The dialogue will be the first between Tokyo and London to cover economic security topics such as supply chain resilience.
In addition to the trade ministers, the dialogue will involve the U.K.’s Department for Science, Innovation and Technology, and its Department for Energy Security and Net Zero.
As part of their partnership, the two countries will formulate a memorandum of cooperation on critical minerals, according to the joint statement.
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