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Free AccessDiscussions Cont On Japan Defence Pivot Ahead Of Biden/Kishida Meeting
US Defence Secretary Lloyd Austin will meet with his Japanese counterpart Yasukazu Hamada at the Pentagon today as discussions continue on Japan's major defence pivot ahead of a meeting between President Joe Biden and Japanese Prime Minister Fumio Kishida at the White House tomorrow.
- Japan’s transformational defence policy change which will see Tokyo significantly increase defence spending and become a key global player in defence for the first time since the Second World War.
- Yesterday's "2+2" ministerial focused on how the US and Japan can manage the risk posed by China. Blinken: “We agree that the PRC is the greatest shared strategic challenge that we and our allies and partners face.”
- Japanese Foreign Minister Yoshimasa Hayashi: “China presents an unprecedented and the greatest strategic challenge."
- Austin: “Japan and the United States remain united in our concern over China’s destabilizing actions, and I want to reaffirm the United States’ ironclad commitment to defend Japan with the full range of capabilities.”
- The Minsters recognised in a joint statement, “Japan reiterated its resolve, under its new strategies, to fundamentally reinforce its defence capabilities, including counterstrike, through a substantial increase of its defence budget.”
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.