The European Union and Japan have launched a new Competitiveness Alliance, deepening their partnership to promote free and fair trade, enhance economic security, and strengthen supply chains. This move comes amid rising global trade tensions, particularly with the US imposing tariffs and concerns over China's trade practices. Both sides are prioritizing cooperation in high-tech sectors, rare earths, and defense, aiming to reduce reliance on China and bolster resilience against economic coercion. The alliance also seeks to advance joint innovation and multilateral cooperation, positioning the EU and Japan as key players in shaping a rules-based global order. Leaders from both regions emphasized the importance of this partnership in navigating an increasingly uncertain and competitive international landscape.
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