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Japan's Economy Minister Takaichi announced that the G7 has endorsed Japan's proposal to establish joint stockpiles of critical minerals to strengthen supply security. The initiative aims to reduce dependence on certain supply chains and enhance resilience against geopolitical and economic shocks.
Japanese Prime Minister Sanae Takaichi has proposed a G7 partnership on strategic mineral reserves to secure critical supply chains for high-tech and defense materials. The initiative aims to reduce dependence on dominant suppliers like China amid rising geopolitical tensions.
Japanese Prime Minister Sanae Takaichi and Malaysian Prime Minister Anwar Ibrahim are expected to affirm deeper cooperation in the energy sector during their meeting on Wednesday. The talks come as Japan seeks to diversify energy supplies amid Middle East conflicts, with Malaysia seen as a key partner in energy security and renewable projects.
