UK, Japan Agree to 'Deepen' Export Control Cooperation
British and Japanese ministers last week discussed export controls on critical technologies, supply chain issues, the World Trade Organization and other trade topics during the second U.K.-Japan Strategic Economic Policy and Trade Dialogue.
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Trade and economy officials from both sides agreed to “continue discussions on strengthening coordination on their respective policies to further promote and protect critical technologies,” specifically saying they want to better coordinate their export restrictions. They “concurred to deepen cooperation on export controls and research security to further facilitate the exchange of controlled goods and technologies between the two countries,” according to a joint statement.
The ministers also said they expect to further integrate the “UK-Japan technology ecosystems and innovation in sectors including AI, semiconductors, engineering biology, and quantum technology,” and they discussed the “long track record” of Japanese investment into the U.K. auto sector as well as U.K. vehicle exports to Japan. The two sides have “joint interests in economic security and supply chain resilience,” the statement said, and they committed to “hold a regular dialogue to exchange insights on policy approaches and challenges, and maximise the commercial opportunities in both nations’ automotive sectors.”
Both sides also “reaffirmed their support” for a rules-based multilateral trading system and the WTO, adding that they plan to continue working on reforms for the trade body. “Ministers reiterated their commitment to improve all the WTO’s functions, including negotiation, monitoring, deliberation and dispute settlement, so that Members can better address pressing global trade challenges and promote sustainable economic growth.”