Recently there has been a flurry of new and sometimes surprising developments in geopolitical and economic relationships and multilateral forums. Australia and Japan feature prominently, which is to be expected of the North and South Poles of the Indo-Pacific.

Perhaps the most dramatic was the landmark agreement for オンライン ブラック ジャックS and UK to provide Australia with nuclear powered submarines to replace its existing fleet. In addition there will be enhanced collaboration on cybersecurity, AI and new technologies. However the nuclear submarine deal is a game changer, providing Australia with far greater strategic reach. AUKUS confirms the strength of existing formal alliances in the most emphatic fashion. It also supports the further development of the already substantial security cooperation between Australia and Japan. This has been confirmed by the very positive response by Japan, regarding AUKUS as an improvement in Australia’s deterrence ability, a key factor for stability.

A high level face to face meeting between Australia, the UK and the US was held to confirm the newly announced nuclear submarine acquisition agreement and was quickly followed by a face to face meeting of the Quad (Australia, Japan, US and India). The Quad communiqué expressed オンライン ブラック ジャックontinuing support for the free and open Indo-Pacific and also the intention to cooperate on climate responses, オンライン ブラック ジャックOVID pandemic, 5G and the development of resilient supply chains of critical technologies and materials such as computer chips and rare earths. Global constraints and bottlenecks in the supply of many intermediate goods such as computer chips need to be urgently addressed if the world economy is to have a successful recovery while learning how to live with COVID as endemic to our lives as オンライン ブラック ジャックommon cold or flu.

オンライン ブラック ジャックPTPP that Japan and Australia revived and nurtured into a valuable multilateral agreement has also been in the news, with China and Taiwan formally applying to join the group. This follows on from the UK’s earlier application. There are a variety of opinions about オンライン ブラック ジャックhinese and Taiwanese bids. Japan explicitly supports the latter’s bid and there have been views for and against China’s. It’s early days and impossible to foresee what will happen because of オンライン ブラック ジャックomplex interplay of strategic and economic relationships and the behaviours of the applicants will be scrutinized closely. Overlapping with the Quad concerns, both candidates are crucial for computer chips and other critical parts.

In a parallel and surprising move the UK announced its interest in joining the USMCA (US, Mexico, Canada), which adds to the Australia-UK and US-UK FTAs. The various bilateral and multilateral agreements exhibit オンライン ブラック ジャックomplex and reinforcing geopolitical and economic relationships that are currently driving major changes to the global economy that will have momentous consequences.

The solid, enduring and unshakeable trust between Australia and Japan will be at the leading edge of these developments. Another proof of this iオンライン ブラック ジャックxemplified by the result of the recent LDP leadership election. Fumio Kishida won and is the new Prime Minister but if Taro Kono had won it would make no difference to the relationship with Australia because they have built excellent relations and friendship with Australia’s political leaders.

Author: Manuel Panagiotopoulos

Managing Director, Australian and Japanese Economic Intelligence