Japan, EU agree to boost economic security, defense cooperation

The leaders of Japan and the European Union agreed Wednesday on new initiatives to strengthen cooperation in economic security, trade and defense, amid uncertainty over U.S. tariff policies and China's growing military and economic influence.Prime Minister Shigeru Ishiba, European Council President Antonio Costa and European Commission President Ursula von der Leyen said in a joint statement issued after their summit in Tokyo that they will establish a "Japan-EU Competitiveness Alliance" to collaborate in ensuring economic security and bolstering their industries.The leaders pledged to expa…READ FULL ARTICLE