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Japan and France – Agree on Bilateral Cooperation for G20

Japan and France - Agree on Bilateral Cooperation for G20

Prime Minister Shinzo Abe and French President Emmanuel Macron met and agreed that the two nations with shared values should cooperate on global issues including the economy, trade and environmental issues that impact the global economy.

The also agreed on bilateral cooperation to set international rules on trading in goods and services that involves, in a connected economy, the transfer of data, which of course is referred to as data trading. The two leaders agreed to work on reforms for the World Trade Organization to fight protectionism and maintaining sanctions against North Korea with an aim to force the rogue nation to give up nuclear weapons.

Mr Abe mentioned the Renault SA and Nissan Motor Co stating that there should be adjustments that allow both sides to agree. Nissan is widely seen as reluctant to merge as suggested by Renault. There will be talks to discuss the terms for future agreements between the two automakers. 

Mr Abe chose France as the first nation that he will be visiting on a six nation tour in Europe and North America. For his part, Mr Macron will be visiting Japan as his first overseas trip to another nation. Mr Macron will be visiting Japan for the G20 meeting hosted by Prime Minister Abe. 

President Trump is working closely with PM Abe on North Korea and the WTO as they are both looking to make changes on a regional and global platform. The G20 is in Osaka Japan, about 2 hours by bullet train from Tokyo. 

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