On May 26th, 2023, Secretary of Commerce Gina M. Raimondo and Minister of Economy, Trade and Industry Nishimura Yasutoshi held the second Ministerial Meeting of the Japan-U.S. Commercial and Industrial Partnership (JUCIP) in Detroit, Michigan.
As both countries and the global economy face a range of economic challenges and uncertainties, the Secretary and the Minister reaffirmed that deepening Japan-U.S. cooperation under JUCIP is essential for strengthening the economic prosperity and security of both countries and for maintaining and strengthening the regional economic order. The two principals acknowledged the importance of outreach to emerging and developing countries, such as those in the Indo-Pacific, and committed to strengthening global supply chains by advancing Japan-U.S. collaboration with such countries, including through the Indo-Pacific Economic Framework for Prosperity.
The Secretary and the Minister welcomed the progress to date under each of JUCIP’s identified areas of cooperation. They expressed their intention to hold the second Japan-U.S. Economic Policy Consultative Committee (EPCC, or Economic “2+2”) Ministerial Meeting at the earliest appropriate time, and they committed to advance the following way forward.
- The Department of Commerce of the United States (DOC) and the Ministry of Economy, Trade and Industry of Japan (METI) affirmed strong alignment on approaches to creating a more resilient semiconductor ecosystem. To explore the development of next generation semiconductors, they intend to encourage cooperation between the to-be-established National Semiconductor Technology Center of the United States and the Leading-Edge Semiconductor Technology Center of Japan in roadmapping for technological and human resource development under the Japan-U.S. Joint Task Force. They also will continue to share information on support measures and incentives in both countries and cooperate to identify and resolve geographic concentrations of production undermining semiconductor supply chain resilience.
- DOC and METI reaffirmed their commitment to cooperate on export controls, including the following activities:
(1) maintaining substantial alignment of export control measures against Russia, seeking to identify and address circumvention and backfill efforts,
(2) engaging in capacity building and outreach to ASEAN and other third countries, and
(3) implementing actionable recommendations received from the public, as appropriate, in response to the joint publication of requests for comments published in December 2022 by DOC and METI respectively.
They welcomed the agreement on the Export Controls and Human Rights Initiative Code of Conduct at the March 2023 Summit for Democracy and the progress made in the discussions on the scope of items which are relevant for the initiative. The two organizations concurred that both countries will continue to advance efforts to prevent goods and technologies from being misused for violations or abuses of human rights, including through identification of items in cooperation with relevant countries.
- DOC and METI welcomed progress in bilateral cooperation in promoting the deployment of Open RAN in third countries, including steps to identify priority countries for Japan-U.S. joint efforts. They reaffirmed their commitment to seek a broad range of opportunities for Open RAN-focused policy and technical engagement by our governments, and for relevant commercial activity by our respective private sectors with the aim of taking steps, including identifying a common concrete target for the global market share of Open RAN, to achieving secure and open 5G networks globally.
- DOC and METI welcomed the U.K.’s application in April 2023 to join the Global Cross-Border Privacy Rules (CBPR) Forum as an Associate, and they committed to continue collaboration on outreach and other efforts to expand the Global CBPR Forum and to promote Data Free Flow with Trust (DFFT). DOC, METI, and the Personal Information Protection Commission of Japan also successfully held a workshop in January in Tokyo to promote the CBPR System to local industry, including small and medium enterprises (SMEs).
- To achieve sustainable corporate value creation and establish a common understanding of environmental, social, and governance (ESG) best practices, challenges, and opportunities in their respective jurisdictions and markets, DOC and METI shared their intention to continue discussion on ESG issues such as ESG investment and corporate ESG disclosures by engaging with stakeholders, such as investors, companies, and government agencies.
- DOC and METI welcomed ongoing efforts to promote private sector investment through the activities of DOC’s International Trade Administration, including SelectUSA and its annual SelectUSA Investment Summit, and the Japan External Trade Organization (JETRO), including the J-Bridge program. These programs and offices are committed to encouraging further interaction between the innovation ecosystems of the two countries through engagements such as the Japan Innovation Night to be held in Boston in June 2023 in conjunction with the BIO International Convention.
- DOC and METI confirmed their commitment to cooperate on outreach to the private sector, including SMEs and start-ups, to support private sector efforts to contribute to the economic and social development of the Pacific Island Countries (PICs), including public procurements in key sectors critical to the competitiveness of PICs, recognizing the strategic importance of this region and its potential for new business projects.
- METI welcomed the planned Cybersecurity Business Development Mission to Japan in September 2023 as a good opportunity for enhancing bilateral cybersecurity cooperation, and METI and DOC shared their intention to explore ways in which they can promote cybersecurity opportunities in both countries as a means of helping private sector and government organizations secure their critical networks and data.
The Secretary and the Minister emphasized the role of critical and emerging technologies in strengthening the industrial competitiveness and economic security of both countries. Focusing on biotechnology, artificial intelligence (AI), and quantum technologies, they decided to pursue the following cooperation within and outside of JUCIP, in concert with relevant ministries and agencies.
- DOC and METI welcomed the direction of the measures outlined in the United States’ report: « Bold Goals for U.S. Biotechnology and Biomanufacturing » and Japan’s measures in the areas of drug discovery and biomanufacturing. The two organizations shared their commitment to work with relevant ministries and agencies to identify areas for cooperation to strengthen pharmaceutical supply chains, enhance industrial competitiveness in biomanufacturing, and promote collaboration among drug discovery start-ups of both countries.
- DOC and METI decided to increase their cooperation to promote the industrial usage of quantum computers in both countries, with a view towards opening a dialogue on the potential role AI may play in quantum computing. Toward this shared goal, they confirmed their shared intent to work together to help promote the development of resilient supply chains of quantum technologies by engaging with respective quantum consortia to identify critical materials and components in their respective countries. The two sides also decided to work together to develop use cases through the utilization of classical and quantum computer technologies in both countries.