The Japanese are wonderful hosts when it comes to visitors, as the give visitors their full attention and love showing them Japanese achievements, history and culture. The G20 was one of the most interesting events in years here in Japan as there was no expense spared, the Japanese government, knowing that it is stepping onto the world stage made everyone feel at home. Japanese PM Abe was a gracious host and made the two day visit one of his key achievements for the future. The leaders of this event did reach consensus on topics from the global economy to plastic waste.
The founder and director of the G20 Research Group at the University of Toronto, called the Osaka summit a broad and sustainable success. Mr Abe, a true leader now in Asia, said that the summit will promote free trade, global health, climate change and women`s empowerment. Note that this summit in Osaka came just 7 months after the previous summit in Argentina. There were many topics discussed but the general view is that G20 nations did reach international consensus on the agenda for the Osaka summit. Mr Abe puts a lot of emphasis on personal diplomacy as we can well see in his meetings with President Xi of China and President Trump of the US.
Our Views: Japan is now moving into a new position of co-leadership in Asia. As it expands its economic, military and diplomatic relationships in the region, it challenges China in its expansion while partnering with the US. Japan now works closely with Australia, India and the US patrolling waters near its island chain and surely helps secure safe passage for goods and oil shipments. As Japan takes on more responsibility for security in Asia, it needs a Prime Minister like Mr Abe to work with its allies in South Korea, China, India and Australia for prosperous and safe future in the region. However, there are several members who disagree on bi-lateral trade and the approach on Iran and North Korea – we see a split between Japan, the US versus the EU…..more on this split in future comments.