Vice-Ministerial Meeting of the Japan-U.S. Economic Policy Consultative Committee (EPCC, Economic “2+2”)
January 14, 2023
On January 13th from 15:30 (local time, 05:30 January 14th Japan time), a Vice-Ministerial meeting of the Japan-U.S. Economic Policy Consultative Committee was held in Washington D.C. The overview of the meeting is as follows.
- Mr. ONO Keiichi, Senior Deputy Minister for Foreign Affairs, and Mr. HIRAI Hirohide, Vice-Minister for International Affairs at the Ministry of Economy, Trade and Industry, represented the Japanese side. Mr. Jose W. Fernandez, Under Secretary of State for Economic Growth, Energy, and the Environment, and Ms. Marisa Lago, Under Secretary of Commerce for International Trade, represented the U.S. side.
- In the meeting, both sides shared a recognition of the strategic environments surrounding the two countries and the growing importance of economic security.
- Both sides exchanged views on various issues such as achieving peace and prosperity through the rules-based economic order, countering economic coercion and addressing opaque and unfair development finance, strengthening supply capacity to enable global sustainable economic growth, and promoting and securing critical and emerging technologies and critical infrastructure.
- Both sides also discussed cooperation toward this year's G7 and APEC hosted by Japan and the United States, respectively, and confirmed that they will crystalize bilateral initiatives toward the 2nd Economic "2+2" Ministerial.