The European Union and Japan have announced a major upgrade to their partnership, launching a new Competitiveness Alliance focused on strengthening economic, trade, and security ties.
This move comes amid rising global trade tensions, particularly with the US and China, and aims to promote a rules-based international order. Key areas of cooperation include rare earths procurement, supply chain resilience, advanced technology, and joint efforts to counter economic coercion and unfair trade practices. Both sides also pledged to deepen defense collaboration and reduce reliance on China for critical materials.
The alliance signals a strategic shift as both partners seek greater autonomy and stability in an increasingly fractured global trade environment.
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