Economy · World
Japan and US Advance Cooperation on $550 Billion Investment Pact
Japan and the United States have confirmed they will advance cooperation on investing in strategic sectors and honour the terms of a trade deal reached last year. Trade minister Ryosei Akazawa stated that discussions on artificial intelligence and semiconductors will carry "very significant weight." Specific details of the pact were not elaborated upon, but the agreement involves an estimated $550 billion in investments.
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- Centre (2): South China Morning Post, The Japan Times