Japan-United States of America Relations
Second Round of the Japan-U.S. Economic Dialogue between Deputy Prime Minister Aso and Vice President Pence of the United States of America
October 17, 2017
The overview of the Dialogue is as follows.
1 Opening Remarks
Deputy Prime Minister Aso and Vice President Pence appreciated that working-level officials from both Japan and the United States have been holding energetic discussions since the first round of the Economic Dialogue, in order to obtain concrete results along the three pillars that were confirmed at the first round of this dialogue. It was also confirmed that North Korea poses an unprecedented, grave and imminent threat, and amid the increasingly severe security environment in the Asia-Pacific region, it is important to pursue constructive dialogue from here forward in order to further deepen the Japan-U.S. economic relationship, which is of great strategic importance.
2 Common Strategy on Trade and Investment Rules / Issues
Additionally, both sides confirmed that technical-level work is underway to strengthen effective enforcement activities against unfair trade practices and to promote high trade and investment standards.
3 Cooperation in Economic and Structural Policies
4 Sectoral Cooperation
In this context, both sides confirmed they will deepen discussions in areas such as (1) cooperation in the transportation infrastructure sector, including measures to deal with infrastructure deterioration and the development of high-speed rail, increased investment and promotion of quality infrastructure through infrastructure development in third countries; (2) energy ties, including liquefied natural gas, civil nuclear energy and energy infrastructure; (3) leveling the global playing field; (4) cooperation in the digital economy; and (5) inclusive workforce participation, including women’s economic participation.