EU, Japan Hold First Meeting of Economic Security Working Group

The EU and Japan this week met for the first time as part of a new supply chain working group to discuss economic security issues. The EU said the forum will allow the two sides to ensure a "level playing field by regulating state intervention in support to industrial sectors," swap “trade strategies” and talk about efforts to diversify supply chains. The European Commission said the new working group is “especially relevant” to the bloc’s recently published economic security strategy see (see 2306200052 and 2401240078), adding that it wants to partner with allies such as Japan on “anti-coercion instruments, export controls and investment screening.”