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Japan PM Takaichi Vows Free, Open Indo-Pacific Strategy Update in Vietnam

Japan PM Takaichi Vows Free, Open Indo-Pacific Strategy Update in Vietnam

Japan PM Takaichi met Vietnamese leaders in Hanoi, signing six agreements on energy security and critical minerals. The Silicon Review reports on the FOIP strategy update and $5 billion annual investment target by 2030. Japan PM Takaichi Sanae concluded the first leg of her five-day Southeast Asia tour in Hanoi, where she signed six bilateral cooperation documents and delivered a foreign policy speech updating the "Free and Open Indo-Pacific" (FOIP) strategy . The visit marks the first time Japan PM Takaichi has traveled to Vietnam since taking office. After meeting her counterpart Le Minh Hung on Saturday, she told reporters that the two sides have identified "economic security as a new priority area for bilateral cooperation," emphasizing stable supplies of critical minerals and crude oil under Japan's 10 billion POWERR Asia framework. The Vietnam Japan relationship took a major step forward as both governments agreed to target Japanese investment of 5 billion annually and bilateral trade of $60 billion by 2030. The two leaders witnessed the exchange of six agreements  Spanning space technology, information and communications, irrigation, climate...

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