Japan and Vietnam Strengthen Cooperation on Critical Minerals and Economic Security
Japan and Vietnam have agreed to accelerate public-private cooperation on critical minerals, with Prime Minister Sanae Takaichi emphasizing economic security as a top priority in their bilateral relationship. This agreement follows talks between Prime Minister Takaichi and Vietnamese President To Lam in Tokyo. The two nations issued a joint statement highlighting an increasingly complex geopolitical environment and pledging deeper collaboration across defense, economic security, and investment. Japan is actively seeking stronger ties with Vietnam amidst economic and political pressures from China, including restrictions on rare earth exports. The collaboration also aims to bolster Vietnam's energy supply network and includes considering concrete projects to strengthen critical mineral supply chains.
