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Euronews celebrates 10 years of partnership with Japan showcasing innovation, culture and trust
Last week, Euronews celebrated 10 years of its partnership with Japan, marking a decade of high-quality journalism and shared vision.
READ MORE : http://www.euronews.com/2025/12/10/euronews-celebrates-10-years-of-partnership-with-japan-showcasing-innovation-culture-and-t
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
Last week, Euronews celebrated 10 years of its partnership with Japan, marking a decade of high-quality journalism and shared vision.
READ MORE : http://www.euronews.com/2025/12/10/euronews-celebrates-10-years-of-partnership-with-japan-showcasing-innovation-culture-and-t
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
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NewsTranscript
00:00:00It's a kind of anniversary. It's 10 years of collaboration of Euronews with Japan,
00:00:06which is a great honor for us being here and addressing together with you some important issues.
00:00:13The idea is, before we will have a wonderful get-together to exchange in a lot of bilateral talks,
00:00:21to have a discussion about one of the most important topics you can discuss nowadays,
00:00:27because it's about economic security.
00:00:31And let's be honest, without economic security, there is no security at all.
00:00:37Because in my opinion, maybe that's the first point we can discuss.
00:00:42In my opinion, everything, almost everything is built up on a secure economy,
00:00:48because that's what the connection point between the citizens, the people, and the politics is.
00:00:54And the politics is fixing the framework for it in an international context.
00:01:00And that's maybe the most important part of it in very challenging times.
00:01:06So we had an advantage, because the ambassador, a meeting between the EU ambassador,
00:01:15Jean-Éric Paquet, and Japan's economic security minister, Kimi Onoda,
00:01:19a few days ago laid in a way the foundation for our discussion.
00:01:26Both sides underlined in that meeting that Japan is a key strategic partner
00:01:31and that EU and Japanese economic security concepts are closely aligned.
00:01:38That's a very, very good and strong thing.
00:01:40In times, a lot of forces are out there to try to divide countries and to divide and destroy relationships.
00:01:50Second, there was said that there's a strong potential for deeper collaboration.
00:01:56That raises the question what kind of collaboration it could be.
00:02:00And intensifying the relationship to find alternative ways to decrease dependencies from other countries.
00:02:08That, I think, is the most challenging part, because that's, in a way, the core thing we will discuss about.
00:02:15And if we put these puzzle pieces together, key strategic partner, closely aligned, deeper collaboration,
00:02:24and find alternative ways, then we have, in a way, the key questions for our discussion.
00:02:30And I'm very happy that we have, and honored in the same moment, to have very, very distinguished panelists.
00:02:37And so I would like to say to you, please come to the stage.
00:02:44At first, Adeline Hindler, she is, as you know, maybe here.
00:02:48It's a home game for her, because she is minister-counselor here in the delegation.
00:02:54And she covers together with her team economic issues.
00:02:58And that's, in a way, she's the mastermind of the question when it comes down to what we're discussing here.
00:03:05She's skeptical, but you will see I'm right.
00:03:07So please welcome Adeline Hindler.
00:03:13So I'm pretty sure the European Union has a very, very strong representative,
00:03:18and so it's good that Japan has another very, very strong representative.
00:03:22And please welcome Takuma Inamura, director in charge of economic security from the METI of Japan.
00:03:29So welcome.
00:03:30The European Union and Japan, it's good to have both sides of a relationship.
00:03:40And it's not a metaphor that they are not sitting close together.
00:03:43It's only because we wanted to have Mrs. Hindler in the middle of this.
00:03:46So it's not a political issue, if you think.
00:03:49So maybe it's only my journalistic senses to see already this.
00:03:54Then please welcome Mr. Shin Oya.
00:03:58He is a visiting senior research fellow from the Institute of Geoeconomics in Japan.
00:04:03That's the middle man, in a way.
00:04:07And I'm very happy that Mathieu Dussartel is joining us, the director of international studies at Institute Montaigne,
00:04:17and which is an additional interesting information.
00:04:20He spends 50% of his time in Taiwan.
00:04:24So that sharpens maybe his view on our topic.
00:04:29And last but not least, of course, but he was – I can share the secret with you.
00:04:34He was a bit one or two minutes too late because he is coming directly from Europe, from Brussels.
00:04:41So please welcome Koei Kubo, senior manager in charge for economy at Kairan,
00:04:47Europe expert coming back from Brussels right now to share our podium.
00:04:52Thank you very much.
00:04:54When it comes down to economic security, and you are all more or less experts in it or have an overview about it,
00:05:04there are a lot of definitions when you try to study this topic.
00:05:10And so I think we can, starting by grounding the conversation a bit,
00:05:16what do you, Adeline, actually mean when you say economic security?
00:05:25Yes.
00:05:26So economic security, I think in Europe, and some of you will know that,
00:05:31we've had an economic security strategy since 2023.
00:05:37And back then, we put it a luxury pillar.
00:05:39So we have the pro-world pillar, supporting strategic industries, the pro-tech pillar,
00:05:45for instance, export control, investment screening, and the partner approach,
00:05:50which is working, for instance, with our partners like Japan.
00:05:55Recently, very recently, actually, last night at Tokyo time,
00:06:00we just published a new economic security strategy.
00:06:03It wasn't planned to occur.
00:06:05Of course it was.
00:06:08I wish it was a few days ago that would have been my preparation.
00:06:11Come on, we prepared this, especially for this moment.
00:06:14So last night, actually, we became a bit more precise in our definition of economic security.
00:06:20And I had to note it down to make sure I don't mess it up.
00:06:25But what we explain now in this new communication is that the EU is trying to achieve its security
00:06:31through a strong, dynamic, and resilient economy
00:06:35by anticipating, deterring, or preventing existing or potential threats
00:06:41that would be created by the EU's economic relationship with the rest of the world.
00:06:48So that's not a definition, but a good framework.
00:06:51And I think two important parts that we didn't make as explicitly before.
00:06:57We also explained that to achieve that, we need to stay ahead in terms of critical technologies,
00:07:04critical services, critical manufacturing.
00:07:08And also, we make it very clear that reducing dependencies, addressing vulnerabilities,
00:07:15requires sometimes to pay more than what we did before.
00:07:18So I think now in Europe, we have a slightly more expanded division of economic security and how we move.
00:07:26So there is a lot of positive feedback I see in your reaction, Takuma Inomura.
00:07:31What, from a Japanese point of view, is economic security?
00:07:37So the word economic security is quite wide scope, has a very wide scope,
00:07:49and it's a little bit difficult to precisely define and draw a bright line between economic security and security,
00:07:57because the line between security and economic security is changing,
00:08:01depending on the geopolitical situation or progress in technology.
00:08:06So, but we can safely say that this is a policy, a kind of expansion of security policy toward economic areas.
00:08:15So we can use our economic policy to protect our country in terms, to enhance our level of security policy.
00:08:26So these two are intertwined.
00:08:29But we can say that the area of economic security is expanding.
00:08:35And even in the last three years, I think every year we create new acts in terms of, say,
00:08:45like cyber security or protection of information security.
00:08:51So we are updating our policy and expanding our area of economic security policy to cope with the current situation.
00:09:04Goethe Kubo, from a point of view of private companies,
00:09:10maybe the whole discussion about economic security is sometimes a bit strange or difficult to understand.
00:09:18What would be your definition of economic security with this private company perspective?
00:09:27Well, as the word says, I think this area, the economics and security overlaps.
00:09:34So, you know, I am from a business organization.
00:09:40As a business, you know, we conduct, well, each company conducts their business every day.
00:09:46But in considering those activities, no, they have to consider several risks.
00:09:53And I think economic security is an area that those risks take place by, through the intention of, or, you know,
00:10:07or the objective from, you know, security viewpoints.
00:10:14And so, biocathetic tech takes two ways to influence companies.
00:10:21One is that we have to defend ourselves, like, from, for example, like, country-related cyber attacks or espionage.
00:10:35So, from those activities, companies have to defend themselves.
00:10:39That's a one important area for economic security.
00:10:43And I think those are the, you know, domain that many policies are trying to cover.
00:10:55And, but from a business perspective, I think there is another viewpoint.
00:11:02And that is to adopt to the policies that are taken from the viewpoint of economic security.
00:11:10Like, for example, there, when there is a trade restriction for certain important goods.
00:11:20Or, for example, when there is some additional procedure in making investments.
00:11:29Or, we understand that those policies are necessary from an economic security viewpoint.
00:11:35But from a company's perspective, adopting to those policies is what another important aspect in considering economic security.
00:11:45So, I think there are those two main perspectives from the business side.
00:11:51I have another question to this.
00:11:54Do you think that the politics is doing enough for the companies?
00:11:59Or do you see there is a gap and you need, you would like to have, let's say like this, you would like to have more support?
00:12:08From our perspective, it's really difficult to understand whether a certain policy is enough or not to address security issues.
00:12:22Because we never have much, you know, abundant information regarding security issues.
00:12:28That's what those information are, what the government are supposed to have.
00:12:35So, what we can do is if there is a will to address those, you know, issues, problems, and we would like that measure to be feasible in achieving certain goals.
00:13:02So, if there is one goal, I think there will be multiple pathways to reach that goal.
00:13:09And we would like the government to take the most feasible approach from a business perspective.
00:13:15And in doing so, a close relationship between the public and private is really important.
00:13:21And so, I think it's really great for them to promote, you know, public-private partnership and have a close communication between the governmental side and the business side.
00:13:32So, I see you take notes.
00:13:34That means maybe it's a good moment to include you again in this discussion.
00:13:39So, let us know what your notes are.
00:13:44So, naturally, I thought that the next question would come to me.
00:13:48So, well, yeah.
00:13:52My colleague from the Japanese Business Federation said,
00:13:57we have some information we don't share with the Japanese companies.
00:14:04So, it's always difficult.
00:14:07It's the same with the European government, I think.
00:14:10So, it's always difficult.
00:14:12We cannot disclose all the information, but we have to persuade Japanese business to take necessary action or bear the burden of some additional regulation.
00:14:25And so, that was a very good point.
00:14:28But, well, fortunately or unfortunately, there are some situations where we clearly can explain the threat of economic security.
00:14:40So, even in the last half year, we see some strict export control of, say, semiconductor or rare earth.
00:14:51So, these kind of things have a huge impact on Japanese business activity.
00:14:56And also, there are some famous cases of cyber attack on Japanese business.
00:15:02So, we can now easily explain the cost of not doing the necessary action.
00:15:11So, it may be good for us to persuade.
00:15:14But the requirement for the government to take more action is also high.
00:15:20So, it makes us busier.
00:15:22So, thank you very much for this openness.
00:15:25And, of course, it's a, let's say, spicy and critical point.
00:15:29Dealing with information, I'm very experienced with dealing with information.
00:15:34And I can imagine from a government standpoint, sometimes you would like to involve others, but you cannot because it's a secret information or something like that.
00:15:42But, Mathieu, when you hear now, it was a kind of special point already, but we heard a lot of words like AI or cybersecurity or other words were mentioned in the definitions.
00:15:59From your point of view, which one is the most important in the discussion about economic security?
00:16:06It's a typical journalistic question because we like superlatives.
00:16:13Yes, and I'm probably going to respond indirectly.
00:16:16Yeah, because you're a scientist.
00:16:18So, it's obvious.
00:16:19You know, the way I see it, I'm seeing it in terms of categories of risks, but also in terms of sectors.
00:16:26In terms of categories of risks, I see five.
00:16:31The first one is, and it's actually part of the European definition, the whole technology leakage issue has improved a lot in Europe thanks to the new instruments that have been developed or the ones that have been improved, like FBI screening has been constructed, export control has been improved, but there are still some issues.
00:16:53But it varies over technologies, it would be an issue for semiconductors still.
00:16:59As in the next area story, very recently in the news, shows that there are still issues with technology leading the European Union.
00:17:08Then, if you take the second category, supply chain resilience, it would be a big issue for cleantech.
00:17:18I think the excessive dependence on China is a major question of their export control, various practices puts our cleantech adoption at risk.
00:17:32Then, the third category of risk, critical infrastructure.
00:17:36I think we have made big progress when it comes to large infrastructure, like excessive leverage in ports, for example.
00:17:45It's a major issue, but the question of telecommunication networks is still an issue.
00:17:53And for the fourth one, coercion.
00:17:55I think all sectors that are, you know, excessively dependent on one single export market can be at risk.
00:18:08And so finally, the fifth one that I see, we have lots of discussions about industrial policy in Europe.
00:18:16If you reverse it and turn it into a risk, we have a question of industrial hollowing out in some sectors.
00:18:24I think automotive comes to mind.
00:18:28Hollowing out is way too strong for the automotive sector.
00:18:32But there we have trade defense instruments to respond to the question.
00:18:37But the big threat there is excess capacity in relation to China.
00:18:42So thanks for this, let's say, building up categories, because that shows that the topic is very complex and huge.
00:18:51And, of course, we will deliver a kind of disappointment that we cannot tackle all of these.
00:18:57But let's start with a, let's say, turnaround, the paradigm.
00:19:02You mentioned some risks already.
00:19:04And my question to you, Mr. Oya, would be, when it comes down to the relationship between Japan and Europe,
00:19:12and when we are discussing the economic security, what threats are the most important ones?
00:19:19I come back to the quote you were quoting this report, this from our side, planned report for today.
00:19:28Because there was mentioned growing external economic threats, of course, for the European Union.
00:19:37But what, for this relationship, alongside this relationship, what are the top three, maybe we can collect this, the top three threats?
00:19:46Because when we are talking about security, obviously there must be big threats out there.
00:19:51Otherwise, we would not need more security.
00:19:53Thank you very much.
00:19:55I think your question is related to definition issue two.
00:20:00I think economic security is economic aspect of national security.
00:20:06And in all the days, when we think about national security, it's, I mean, very simply just a number of soldiers.
00:20:14It was simple.
00:20:15But right now, there is a huge economic interlinkage, economic connection, and some countries utilize this interlinkage, weaponizing that economic relationship.
00:20:32Therefore, we have to be strong, we have to be strategically autonomous, and strategic indispensability is required.
00:20:45And coming back to your question, I think Europe and also Japan has common philosophy, common thinking.
00:20:56We respect, we respect, do, I mean, economic rule, and also that, I mean, rule-based international order.
00:21:04So for us to cooperate together, we can have some, I mean, strong response vis-à-vis koshev economic activity.
00:21:19So this is very important, and this is very general things, but I think this is very important.
00:21:23So by cooperating together, we become bigger and stronger, so cope with some countries' coercive economic activities.
00:21:34I think this is very important, and this is general things.
00:21:37There are many, many subsectors.
00:21:39One element is that they are us, or, I mean, semiconductor, or in some time it's that other specific technology kind of things, or industrial-based.
00:21:50But the cooperation can, how should I say, reduce vulnerability coming from specific countries' intentional usage of economic interlinkage.
00:22:02That's my thinking.
00:22:03Okay, so let's try, thank you for this explanation.
00:22:10Let's try to make it a bit more, let's say, concrete.
00:22:14Adeline, what is an extreme scenario you are worried about?
00:22:22So what is this, Adeline, when you try to answer?
00:22:26I'm pretty sure you have studies about this.
00:22:30What is the biggest threat?
00:22:32Everything collapses because there is no access to some materials anymore, or what is the core threat?
00:22:40Here, I don't know if it's an extreme scenario, but in terms of threats and what is on the mind of policy makers right now,
00:22:48certainly in Europe, but I think it's the same for Japan, the issue of export controls and dependency on critical raw materials,
00:22:56I think is on everybody's mind.
00:22:58And partly, it's a timing issue because we've just had major restrictions imposed by China, lifted temporarily,
00:23:07but we have a major dependency on one supplier for a lot of critical raw materials,
00:23:13and one dependency which is very difficult to overcome because it takes time to develop these supply chains.
00:23:19So I think that's where the focus is, and maybe moving on a little bit to also what was announced yesterday,
00:23:26we had this economic security communication, and together with it, we had basically a critical raw materials action plan,
00:23:34which is strengthening and accelerating policy initiative that we launched already in 2024,
00:23:45mobilizing more funding, so we have close to 3 billion euros funding that will be devoted to critical raw materials projects.
00:23:53We're looking at supporting companies in Europe, outside Europe, working with partners,
00:24:01and I think the reason why we started with critical raw materials, in terms of the concrete initiatives we're rolling out,
00:24:08is that it's on everybody's mind, and it's very clear that if we don't manage to address it,
00:24:12we have a major vulnerability that will touch on all the critical industries you mentioned,
00:24:18from defense to clean tech to semiconductors.
00:24:22So I think the extreme scenario and also maybe the solution we're trying to develop right now as a priority
00:24:29is that we need certainly critical raw materials.
00:24:32So I see, Mr. Ina Mora, you agree.
00:24:37Is there something that, from the Japanese perspective,
00:24:41as important as this raw material thing?
00:24:46And second question,
00:24:47why do Japan need Europe for being more resilient?
00:24:54Because sometimes I think there is an elephant in the room,
00:24:57and the elephant in the room is when I'm attacked as a nation,
00:25:01then I have to think what can I do by myself, alone.
00:25:07Because in a world you cannot rely on people for the next 100 years.
00:25:12We learned this in the last 10 years,
00:25:14that things we are relied on were blown away by different scenarios.
00:25:18And what is the importance of the EU from the perspective of Japan,
00:25:25to make Japan, because this egocentric approach should be always on the table,
00:25:30is more resilient in terms of economic security?
00:25:34Okay.
00:25:35So for the first question,
00:25:37I should agree with Adeline on the importance of critical mineral.
00:25:42And I think we have prepared many policies,
00:25:46including the stockpile of critical mineral,
00:25:48which can be used, for example,
00:25:51policy best practice,
00:25:54which we can share with European colleagues.
00:25:57And so I think a major threat,
00:26:01there are a lot of threats,
00:26:02and we can see in the short term and long term.
00:26:05And so critical mineral thing is one of the largest for the short term,
00:26:12as a short term threat.
00:26:14For the long term,
00:26:16I agree with Mr. De Chateau
00:26:19that the hollowing out,
00:26:21or there might be a big issue
00:26:25if we cannot have effective policy measures.
00:26:31Because there's a lot of huge risk in many industrial sectors,
00:26:36where we can imagine that some overcapacity issues
00:26:44has caused severe damage on many manufacturing industry sectors in Japan.
00:26:51So long term issue is also big, I think.
00:26:55And on your second point,
00:26:58I believe that Japan and European countries can learn each other.
00:27:04So as I said,
00:27:06we might have some good practice in our policy on critical mineral.
00:27:11And also we can learn from European colleagues
00:27:14in their preparedness in many policy in area of economic security.
00:27:21So it's good European country has many national government,
00:27:29which has different priority and different policy tools.
00:27:34And we often communicate with European country
00:27:40in ministerial level or director level.
00:27:42and then so we can have good feedback
00:27:46how they see the global situation
00:27:49and we can get that best practice,
00:27:52which we take for the consideration
00:27:56or development of economic security policies.
00:27:59So I have a critical second question.
00:28:03And I ask, as a German,
00:28:06if you as Japan has a good relationship with Germany
00:28:10and you can discuss all these things with Germany,
00:28:12why do you need the EU then?
00:28:16Yes, I think that's a very good question.
00:28:22Only a German is allowed to ask it.
00:28:25Actually, we have both contact
00:28:28with both European Commission
00:28:31and also with the national government of Germany
00:28:34and also with France.
00:28:36Which makes my question much more important.
00:28:40And in our view,
00:28:43each country has different strengths.
00:28:47And so we have discussion with Germany.
00:28:52We share our strengths in industry,
00:28:57especially in machinery manufacturing industry.
00:29:00So we can share the same,
00:29:05some information,
00:29:06which is quite important
00:29:09to develop Japan's policy
00:29:11in manufacturing industry.
00:29:13And if we talk with Europe,
00:29:16their focus and priority might be slightly different.
00:29:19But in both cases,
00:29:21they are very helpful
00:29:22for consideration of policies.
00:29:25And from my point of view,
00:29:27it shows, of course,
00:29:29a country acts in all areas
00:29:31that are useful.
00:29:33So there are bilateral talks.
00:29:37And with you,
00:29:38but I have to ask,
00:29:39when you hear,
00:29:41let's summarize it very unfairly
00:29:44that it's possible
00:29:45to sideline the European Union
00:29:47because you can have the bilateral talks.
00:29:49What do you think
00:29:50in terms of the economic security question?
00:29:53I think right now,
00:29:55economic security used to be dealt with exclusively
00:29:57at member states level.
00:30:00And we are trying to read at European level
00:30:02because we have realized
00:30:04that we,
00:30:05otherwise the weakest link
00:30:07is basically a threat to everybody.
00:30:10So I think right now
00:30:10what we're trying to do
00:30:11is very important
00:30:12to have a harmonized approach
00:30:13at European level
00:30:14so that we have the same level
00:30:16of economic security in the block.
00:30:19And I think it's more challenging
00:30:23in Europe
00:30:24than for one single government
00:30:25because security traditionally
00:30:27is more national.
00:30:29So what we're trying to do
00:30:31is really to work closely
00:30:34with member states.
00:30:35We've suggested in this paper
00:30:36that every member state
00:30:37should appoint
00:30:38a national economic security coordinator
00:30:41who could play the role
00:30:45of transmission
00:30:46and be our interlocutors.
00:30:48And I think the related challenge
00:30:50to this
00:30:50is working with businesses
00:30:51because we have multiple levels
00:30:53and often companies
00:30:55may talk more naturally
00:30:57to their national government
00:30:58than to the European level.
00:31:00So here as well,
00:31:01we are trying to develop
00:31:02more ties to companies,
00:31:04to develop mechanisms
00:31:05that enable this exchange
00:31:07of information.
00:31:08And here again,
00:31:09I think Japan
00:31:09has interesting practices,
00:31:11different committees
00:31:12that you work with
00:31:14and different ways
00:31:15to work with industry
00:31:16on stockpiling,
00:31:17for instance.
00:31:18So we're also looking
00:31:19at Japan
00:31:19for the way
00:31:21they work with their industry
00:31:22on exchanging information
00:31:23on risks
00:31:24or exchanging information
00:31:26on stockpiles
00:31:27and this kind of thing.
00:31:28So more challenging
00:31:30at European level,
00:31:31but the only way
00:31:32we can do it
00:31:33is to bring together
00:31:34member states
00:31:35and the EU level.
00:31:36Which is an important part
00:31:39of the whole thing.
00:31:40I think it's not
00:31:41described correctly
00:31:44if it's reduced
00:31:45to coordination
00:31:46because in this coordination
00:31:47there's a lot of power.
00:31:49So I very much
00:31:50would like to underline
00:31:52this important work
00:31:53you do there
00:31:53and I can imagine
00:31:54that it's not only fun
00:31:55every day
00:31:56to coordinate
00:31:5727 very strong countries.
00:32:02We are already,
00:32:04Adeline already,
00:32:05entered the part
00:32:06of solutions
00:32:07because she was mentioning
00:32:08what can be improved,
00:32:09what is the kind
00:32:11of action plan.
00:32:13What do you see
00:32:15as the most important thing
00:32:18that Japan and Europe
00:32:19can do better together,
00:32:21more together
00:32:22and improve
00:32:22into collaboration?
00:32:25When a lot is going on
00:32:26between the EU and Japan
00:32:27on economic security,
00:32:29just two years ago
00:32:31it was mostly intentions
00:32:33and now we are really moving
00:32:34to a phase
00:32:36of very practical projects.
00:32:38So I think, you know,
00:32:39it's about expanding
00:32:40upon these ongoing projects.
00:32:43I will mention three briefly.
00:32:47A very good example
00:32:49of EU-Japan collaboration
00:32:52where it's with one member state.
00:32:55The case of France,
00:32:56the care mag,
00:32:58permanent magnet
00:32:59refining capacity
00:33:01that is being partly financed
00:33:04by JobMech
00:33:06is actually
00:33:06a very interesting project
00:33:08because it will also,
00:33:11you know,
00:33:11respond to the market needs
00:33:13of Japan
00:33:13in some categories
00:33:14of permanent magnet.
00:33:16So it's really
00:33:17a good example
00:33:18of win-win.
00:33:19The second example
00:33:20that I can think of
00:33:21in the area
00:33:22of semiconductors
00:33:23is everything
00:33:24that is currently happening
00:33:26in Hokkaido
00:33:27between Rapidus
00:33:28and various
00:33:29key European players
00:33:30IMEC
00:33:32for R&D
00:33:33and FAMO
00:33:34for,
00:33:35they are really
00:33:35key
00:33:36in the development
00:33:38of the Rapidus project
00:33:40and that,
00:33:42you know,
00:33:42really brings together
00:33:43key strengths
00:33:45from the two sides.
00:33:47And the third one,
00:33:48and I really think
00:33:49that's where
00:33:49I see,
00:33:51you know,
00:33:52potential going forward
00:33:53for improvements
00:33:54in the area
00:33:55of economic intelligence,
00:33:58information sharing
00:33:59because the EU
00:34:00is building
00:34:01its own
00:34:02economic intelligence capacity.
00:34:04It's actually
00:34:04very central
00:34:05in the document
00:34:06that was released
00:34:07yesterday.
00:34:09It's hard
00:34:10for the EU
00:34:11to position itself
00:34:12vis-a-vis
00:34:12member states,
00:34:13vis-a-vis
00:34:14companies,
00:34:14but everyone
00:34:15would like to have
00:34:16the bigger picture
00:34:17so there is space
00:34:18for European institutions
00:34:20to play
00:34:21some sort of
00:34:22greater role
00:34:23in that area.
00:34:24and for future crisis,
00:34:27you ask about
00:34:28crisis scenarios.
00:34:30I think being able
00:34:31to,
00:34:32when a crisis occurs,
00:34:34to exchange information
00:34:36immediately
00:34:37with key partners,
00:34:39I think it takes
00:34:40some prior work
00:34:42to build those exchanges,
00:34:44to build those
00:34:45communication channels.
00:34:47So that's
00:34:47one part of the way
00:34:49forward
00:34:49for the EU
00:34:50and Japan.
00:34:51And when I take
00:34:52what we heard
00:34:53in the beginning
00:34:54of this discussion,
00:34:57that it's sometimes
00:34:58very difficult
00:34:58for a government
00:35:00to share
00:35:00information
00:35:01with companies
00:35:03in their own country,
00:35:05is it not
00:35:05a bit naive
00:35:06to think
00:35:07that then
00:35:07the sharing
00:35:08of information
00:35:08with other governments
00:35:09is a stable way
00:35:12to improve
00:35:13these things?
00:35:14I can say
00:35:15something about that.
00:35:16We have a small group
00:35:17of companies,
00:35:19the institute
00:35:20with whom we regularly
00:35:21exchange about
00:35:21information security.
00:35:23To summarize,
00:35:24they say two things.
00:35:25They say,
00:35:26we are reluctant
00:35:27to share information
00:35:28with governments,
00:35:29with European institutions,
00:35:31because we have
00:35:32many concerns
00:35:33about leaks,
00:35:34but we want
00:35:35information
00:35:37that we don't have
00:35:38and that only
00:35:39they have.
00:35:40So there's something
00:35:41to build there.
00:35:43And in the strategy...
00:35:45Let me...
00:35:46Sorry for...
00:35:47What can be built there?
00:35:49Because that's
00:35:50obviously
00:35:51a conflict
00:35:52of interest
00:35:52and a gap.
00:35:54So normally
00:35:55my instinct says
00:35:55we have to
00:35:57bridge this gap.
00:35:58But it seems
00:35:59to be a bit complicated.
00:36:00Well, I think...
00:36:02If you take the example
00:36:03of, you know,
00:36:04Xperia, for example,
00:36:05many companies
00:36:06were affected.
00:36:08It shows them
00:36:09that they were not
00:36:11well prepared,
00:36:12that they should have
00:36:13worked better
00:36:14with governments.
00:36:16I think the experience
00:36:16of feeling the heat
00:36:18is an incentive
00:36:19to share more.
00:36:21That's the first thing.
00:36:23And the second thing,
00:36:23I noticed something
00:36:24really interesting
00:36:25in the document
00:36:26released by the EU.
00:36:28This idea
00:36:29of the network
00:36:29of trusted companies
00:36:31for information sharing.
00:36:33So having some kind
00:36:34of, you know,
00:36:35companies willing
00:36:37to share
00:36:37on the forefront
00:36:38with whom
00:36:39to build something
00:36:41in terms of
00:36:42information sharing.
00:36:44Mr. Kubu,
00:36:45how sounded to you?
00:36:47Because he was
00:36:48the first one
00:36:48here on stage
00:36:49mentioning information.
00:36:52So because
00:36:53a former
00:36:54U.S.
00:36:56Secretary of State
00:36:57was saying
00:36:58information is power,
00:36:59I'm pretty sure
00:37:00it's his right.
00:37:01So what does it mean
00:37:02to you when you hear
00:37:04this sharing
00:37:05information between
00:37:06governments?
00:37:07Do you believe
00:37:07that will work?
00:37:08And what else
00:37:10we can improve
00:37:12between,
00:37:13especially between
00:37:14the European Union
00:37:15and Japan?
00:37:16I think, you know,
00:37:20information sharing
00:37:21could work,
00:37:23but there
00:37:24will be
00:37:25several,
00:37:26you know,
00:37:28it has to be
00:37:29a network
00:37:30between the
00:37:30trusted partners.
00:37:32So maybe
00:37:33each individual
00:37:34should be able
00:37:35to trust each other
00:37:36or, you know,
00:37:38maybe we need
00:37:39trust between
00:37:40institutions
00:37:41from certain
00:37:43companies
00:37:43to certain
00:37:44ministries.
00:37:47So if
00:37:49they can
00:37:49have
00:37:51experience of
00:37:52sharing information
00:37:55and gaining
00:37:56benefits
00:37:57through that,
00:37:58I think it would
00:37:59be a little
00:38:00more feasible
00:38:02for companies
00:38:03to share
00:38:04important information
00:38:05then.
00:38:06And
00:38:06in Japan
00:38:09there is
00:38:11a, you know,
00:38:12a legislative
00:38:13approach
00:38:15in that
00:38:16it's a so-called
00:38:18security clearance
00:38:19system
00:38:19that was
00:38:21enacted
00:38:22this May
00:38:24and
00:38:24enables, you know,
00:38:26governments
00:38:27to share
00:38:28critical
00:38:29information
00:38:30to
00:38:31the private
00:38:32sector
00:38:33on the
00:38:35condition
00:38:35that
00:38:36that
00:38:36person
00:38:37could be
00:38:39trusted
00:38:39so
00:38:39he or she
00:38:41has to
00:38:41go through
00:38:41a
00:38:42procedure
00:38:44but
00:38:45after that
00:38:47the government
00:38:50will be able
00:38:51to share
00:38:52critical
00:38:53information
00:38:53to those
00:38:54individuals.
00:38:55So if
00:38:55there is
00:38:56in addition
00:38:58to the
00:38:58trusted
00:38:59individuals
00:39:00if there
00:39:00is some
00:39:01kind
00:39:01of
00:39:01legislative
00:39:03support
00:39:04or a
00:39:05mechanism
00:39:06I think
00:39:06it would
00:39:06be
00:39:07easier
00:39:07to
00:39:08promote
00:39:09information
00:39:09sharing
00:39:10and
00:39:11in addition
00:39:11to that
00:39:12regarding
00:39:14your question
00:39:14about
00:39:15EU-Japan
00:39:16cooperation
00:39:16from our
00:39:18perspective
00:39:19we have
00:39:19a strong
00:39:20expectation
00:39:22in rules
00:39:23establishing
00:39:25rules
00:39:25and
00:39:26to
00:39:28expand
00:39:30the
00:39:30number
00:39:32of
00:39:32countries
00:39:32which
00:39:33abide
00:39:33those
00:39:34rules
00:39:34because
00:39:35it is so
00:39:37clear
00:39:37that
00:39:38the
00:39:39two
00:39:39large
00:39:40countries
00:39:41are
00:39:41more
00:39:42starting
00:39:45to believe
00:39:46in
00:39:47power
00:39:47rather than
00:39:48abiding
00:39:48to the
00:39:49rules
00:39:49I think
00:39:50EU and
00:39:50Japan
00:39:51are
00:39:51really
00:39:52important
00:39:53partners
00:39:53who
00:39:55uphold
00:39:56the
00:39:56rule
00:39:57of law
00:39:58and
00:39:59really
00:40:01act
00:40:02that
00:40:04those
00:40:06rules
00:40:06could work
00:40:07so
00:40:07I think
00:40:08those
00:40:09rules
00:40:10based
00:40:10systems
00:40:10are
00:40:11essential
00:40:12for
00:40:12companies
00:40:13to
00:40:13engage
00:40:15businesses
00:40:16especially
00:40:17when
00:40:18companies
00:40:19try to
00:40:19think
00:40:20about
00:40:20investing
00:40:21a
00:40:22stable
00:40:22condition
00:40:23is
00:40:23essential
00:40:24and
00:40:26those
00:40:26are
00:40:27and
00:40:28the
00:40:28rules
00:40:28based
00:40:28system
00:40:29is
00:40:29fundamental
00:40:30for
00:40:30such
00:40:31conditions
00:40:31I think
00:40:33I agree
00:40:33it's a very
00:40:34important
00:40:34point
00:40:35but
00:40:35if you
00:40:36allow
00:40:36I would
00:40:36like to
00:40:37stay
00:40:37one or
00:40:38two minutes
00:40:39more
00:40:39with
00:40:40the
00:40:40information
00:40:40question
00:40:41because
00:40:41for me
00:40:42it's not
00:40:43very
00:40:43surprising
00:40:45it's
00:40:45core
00:40:46and I
00:40:46think
00:40:46for the
00:40:47whole
00:40:47topic
00:40:47it's
00:40:47core
00:40:48because
00:40:48if
00:40:49we
00:40:50can
00:40:50manage
00:40:50a
00:40:51better
00:40:51information
00:40:51system
00:40:52it
00:40:53helps
00:40:54to
00:40:54avoid
00:40:55crisis
00:40:55and
00:40:56I
00:40:57take
00:40:57your
00:40:57word
00:40:57if
00:40:58a
00:40:58crisis
00:40:59has
00:40:59already
00:41:00started
00:41:00then
00:41:01it's
00:41:02hot
00:41:02enough
00:41:02for
00:41:03every
00:41:03country
00:41:03to
00:41:04do
00:41:05things
00:41:05and
00:41:06come
00:41:06to
00:41:07action
00:41:07so
00:41:07if
00:41:08you
00:41:08want
00:41:08to
00:41:09avoid
00:41:09it
00:41:09the
00:41:10information
00:41:10thing
00:41:10Mr.
00:41:11Oya
00:41:11is
00:41:11important
00:41:12and
00:41:13first
00:41:14do you
00:41:14agree
00:41:15do you
00:41:16see
00:41:16another
00:41:17important
00:41:17thing
00:41:18as
00:41:18important
00:41:19as
00:41:19information
00:41:19to
00:41:20avoid
00:41:20crisis
00:41:20and
00:41:21third
00:41:22if
00:41:23you
00:41:23agree
00:41:24and
00:41:24it
00:41:25comes
00:41:26down
00:41:26to
00:41:26information
00:41:27between
00:41:27governments
00:41:28and
00:41:28companies
00:41:29is
00:41:30then
00:41:31there
00:41:31a
00:41:31world
00:41:32of
00:41:32trusted
00:41:33companies
00:41:33and
00:41:34not
00:41:34trusted
00:41:34companies
00:41:35because
00:41:35it
00:41:35creates
00:41:36a
00:41:36kind
00:41:36of
00:41:37two
00:41:38layers
00:41:40of
00:41:41companies
00:41:42that
00:41:43creates
00:41:44new
00:41:44problems
00:41:44or new
00:41:45challenges
00:41:45let's
00:41:46say
00:41:46like this
00:41:46what
00:41:47would
00:41:47you
00:41:47answer
00:41:48to
00:41:48this
00:41:48very
00:41:49long
00:41:50question
00:41:50thank
00:41:51you
00:41:51long
00:41:52question
00:41:53I
00:41:54think
00:41:54of
00:41:55post
00:41:55information
00:41:56is
00:41:56very
00:41:56important
00:41:57and
00:41:59sharing
00:41:59information
00:42:00between
00:42:00government
00:42:01and
00:42:01companies
00:42:02and
00:42:02private
00:42:03sector
00:42:03and
00:42:03also
00:42:03between
00:42:04the
00:42:05multiple
00:42:06countries
00:42:07this is
00:42:08very
00:42:08important
00:42:09I
00:42:09think
00:42:09and
00:42:10one
00:42:11element
00:42:11as my
00:42:12friend
00:42:12mentioned
00:42:12that
00:42:13Japan
00:42:13introduced
00:42:14that
00:42:14security
00:42:15clearance
00:42:15mechanism
00:42:16and
00:42:17also
00:42:17maybe
00:42:18further
00:42:18needs
00:42:20probably
00:42:21I
00:42:21mean
00:42:21if
00:42:23we
00:42:23set up
00:42:24a
00:42:24mechanism
00:42:25that
00:42:25information
00:42:26will not
00:42:26dilute
00:42:27to
00:42:27any
00:42:28other
00:42:28country
00:42:29any
00:42:29other
00:42:29pattern
00:42:30that
00:42:31will
00:42:31give
00:42:32us
00:42:32credit
00:42:33and
00:42:34it
00:42:34becomes
00:42:34easier
00:42:34for
00:42:35sharing
00:42:35information
00:42:35kind
00:42:36of
00:42:36things
00:42:36so
00:42:37I
00:42:38mean
00:42:38some
00:42:39our
00:42:40strong
00:42:41domestic
00:42:42system
00:42:43for
00:42:44counter
00:42:44espionage
00:42:45type of
00:42:47things
00:42:47such
00:42:48kind
00:42:49of
00:42:49effort
00:42:49may be
00:42:50needed
00:42:51for us
00:42:51to receive
00:42:52sensitive
00:42:53information
00:42:53but at
00:42:54the same
00:42:54time
00:42:54another
00:42:55thing
00:42:55I
00:42:56want to
00:42:56mention
00:42:56is
00:42:57of
00:42:58course
00:42:58that
00:42:59information
00:42:59and
00:43:00also
00:43:00getting
00:43:00sensitive
00:43:01information
00:43:01is
00:43:01good
00:43:02things
00:43:02and
00:43:02important
00:43:02things
00:43:03but
00:43:03there
00:43:04are
00:43:04a lot
00:43:04of
00:43:04area
00:43:05of
00:43:05cooperation
00:43:06without
00:43:07conserving
00:43:10such
00:43:10kind of
00:43:10sensitive
00:43:11information
00:43:11kind of
00:43:11things
00:43:12for
00:43:12for
00:43:12for
00:43:12example
00:43:12that
00:43:13coordinating
00:43:14export
00:43:15control
00:43:15or
00:43:17coordinating
00:43:17that
00:43:18investment
00:43:19screening
00:43:20type of
00:43:21things
00:43:21or
00:43:22thinking
00:43:22about
00:43:23harmonization
00:43:23of
00:43:24standard
00:43:26setting
00:43:26or
00:43:27WTO
00:43:28reform
00:43:28kind
00:43:29of
00:43:29things
00:43:29maybe
00:43:29we
00:43:30don't
00:43:30need
00:43:30any
00:43:31sensitive
00:43:31information
00:43:32kind
00:43:32of
00:43:32things
00:43:32so
00:43:33yeah
00:43:34I
00:43:34agree
00:43:35yes
00:43:35sensitive
00:43:36information
00:43:36very
00:43:37important
00:43:37but
00:43:38there
00:43:38are
00:43:38other
00:43:39areas
00:43:39too
00:43:40we
00:43:40can
00:43:40foster
00:43:41cooperation
00:43:42among
00:43:42Europe
00:43:43and also
00:43:44Japan
00:43:44and you
00:43:45also
00:43:45mentioned
00:43:45that
00:43:46are
00:43:46there
00:43:46any
00:43:46area
00:43:47where
00:43:47we
00:43:47can
00:43:48collaborate
00:43:48kind
00:43:48of
00:43:48things
00:43:49except
00:43:49our
00:43:49information
00:43:50of course
00:43:50there
00:43:50are
00:43:50a lot
00:43:51I
00:43:51think
00:43:51and I
00:43:52touched
00:43:52upon
00:43:52my
00:43:53first
00:43:53response
00:43:54to
00:43:54your
00:43:54first
00:43:54question
00:43:55I
00:43:55think
00:43:56I
00:43:57mean
00:43:57platform
00:43:59for
00:44:00joint
00:44:00response
00:44:01to
00:44:02economic
00:44:02caution
00:44:03this is
00:44:04very
00:44:04important
00:44:04and I
00:44:05think
00:44:05this
00:44:05was
00:44:05mentioned
00:44:06with
00:44:06the
00:44:07Hiroshima
00:44:07Summit
00:44:08joint
00:44:08statement
00:44:082023
00:44:10and
00:44:11also
00:44:11I
00:44:12mean
00:44:12following
00:44:13this
00:44:14statement
00:44:15so
00:44:16for
00:44:18us
00:44:18to
00:44:18establish
00:44:19such
00:44:19kind
00:44:20of
00:44:20very
00:44:20solid
00:44:21platform
00:44:21I
00:44:22think
00:44:23this
00:44:23can
00:44:23be
00:44:23deterrent
00:44:24and
00:44:25it
00:44:25becomes
00:44:25very
00:44:25difficult
00:44:25for
00:44:26other
00:44:26countries
00:44:26to
00:44:27utilize
00:44:27interconnectedness
00:44:29I
00:44:29think
00:44:29it
00:44:29is
00:44:29very
00:44:30important
00:44:30and
00:44:30of
00:44:31course
00:44:31that
00:44:31EU
00:44:31and
00:44:32Japan
00:44:32can
00:44:33cooperate
00:44:33in
00:44:33this
00:44:33area
00:44:34so
00:44:37thank
00:44:38you
00:44:38thank
00:44:39you
00:44:39for
00:44:39that
00:44:39and
00:44:40now
00:44:40I
00:44:41learn
00:44:42Japan
00:44:43needs
00:44:44Europe
00:44:45Europe
00:44:45needs
00:44:45Japan
00:44:46because
00:44:46there
00:44:47are
00:44:47natural
00:44:48partners
00:44:49in a lot
00:44:49of issues
00:44:50but
00:44:50sadly
00:44:51there are
00:44:51some
00:44:52other
00:44:52players
00:44:52around
00:44:53us
00:44:53so
00:44:54Adeline
00:44:55Hinder
00:44:55with
00:44:56a view
00:44:57or the
00:44:57perspective
00:44:57on
00:44:58the United
00:44:59States
00:44:59we can
00:45:00say
00:45:01I think
00:45:01there is
00:45:02an agreement
00:45:03on it
00:45:03the European
00:45:04Union
00:45:04Japan
00:45:05and the
00:45:05United
00:45:05States
00:45:06are
00:45:06increasingly
00:45:07aligned
00:45:08but
00:45:09also
00:45:10want
00:45:11strategic
00:45:12autonomy
00:45:13that's
00:45:14a fundamental
00:45:15thing
00:45:15and
00:45:15what
00:45:16do you
00:45:17think
00:45:18can
00:45:19the
00:45:19European
00:45:20Union
00:45:20and Japan
00:45:21coordinate
00:45:21with the
00:45:22United
00:45:22States
00:45:23without
00:45:23becoming
00:45:24overly
00:45:25dependent
00:45:26on
00:45:26Washington's
00:45:27agenda
00:45:27because
00:45:28I think
00:45:28it's
00:45:28a crucial
00:45:29question
00:45:30because
00:45:31we all
00:45:31know
00:45:31it
00:45:32and
00:45:32it's
00:45:32not
00:45:32on us
00:45:33to
00:45:33judge
00:45:33it
00:45:34now
00:45:34but
00:45:34in
00:45:35the
00:45:35style
00:45:35of
00:45:36making
00:45:36politics
00:45:37there
00:45:37were
00:45:38some
00:45:38changes
00:45:38with
00:45:40the
00:45:40second
00:45:40term
00:45:40of
00:45:41Donald
00:45:41Trump
00:45:41so
00:45:42how
00:45:42would
00:45:42you
00:45:43see
00:45:44the
00:45:44importance
00:45:44of
00:45:45the
00:45:46cooperation
00:45:46with
00:45:47the
00:45:47United
00:45:47States
00:45:47for
00:45:48both
00:45:49of
00:45:49us
00:45:49in a way
00:45:49and
00:45:49you
00:45:50can
00:45:50be
00:45:51sure
00:45:51you
00:45:51get
00:45:51the
00:45:51next
00:45:51question
00:45:52well
00:45:57we
00:45:58say
00:45:58in general
00:45:58on
00:45:58economic
00:45:59security
00:45:59the
00:46:00G7
00:46:00has
00:46:01done
00:46:01a lot
00:46:01of
00:46:01work
00:46:02you
00:46:02mentioned
00:46:03the
00:46:04principles
00:46:04that
00:46:05you
00:46:06discussed
00:46:06supply
00:46:07chain
00:46:07resilience
00:46:08we
00:46:08have
00:46:08been
00:46:08agreeing
00:46:08principles
00:46:09there
00:46:09we
00:46:10still
00:46:10need
00:46:10to
00:46:11maybe
00:46:11get
00:46:11to
00:46:11more
00:46:12practical
00:46:12level
00:46:12so
00:46:13we
00:46:13all
00:46:13agree
00:46:13on
00:46:13the
00:46:14principles
00:46:14that
00:46:14implementing
00:46:15it
00:46:15is
00:46:15difficult
00:46:16but
00:46:17the
00:46:18incentive
00:46:18there
00:46:19I agree
00:46:19with you
00:46:19there
00:46:19is
00:46:20a
00:46:20challenge
00:46:20and
00:46:21there
00:46:21are
00:46:21some
00:46:22areas
00:46:22and
00:46:22defense
00:46:23where
00:46:23it's
00:46:23even
00:46:23more
00:46:24complicated
00:46:24to
00:46:24coordinate
00:46:25but
00:46:25the
00:46:25incentive
00:46:26is
00:46:27the
00:46:27reduction
00:46:28of
00:46:29the
00:46:29cost
00:46:29if
00:46:29you
00:46:29cooperate
00:46:30because
00:46:30scaling
00:46:31up
00:46:31certain
00:46:32for
00:46:36diversifying
00:46:37supply
00:46:37chains
00:46:38is
00:46:38extremely
00:46:38expensive
00:46:39if
00:46:40Japan
00:46:40the
00:46:41US
00:46:41do it
00:46:42alone
00:46:42you
00:46:43have
00:46:43the
00:46:43cost
00:46:44three
00:46:44times
00:46:45as
00:46:45much
00:46:45as
00:46:45if
00:46:45you
00:46:46do
00:46:46it
00:46:46together
00:46:46so
00:46:47I
00:46:47think
00:46:47in
00:46:47some
00:46:47areas
00:46:48and
00:46:49clearly
00:46:49developing
00:46:50these
00:46:51alternative
00:46:52rare
00:46:53earths
00:46:53for
00:46:53instance
00:46:54being
00:46:54gallium
00:46:55and
00:46:55others
00:46:56which
00:46:58all our
00:46:58industries
00:46:59need
00:46:59it
00:46:59is
00:47:00much
00:47:00better
00:47:00if
00:47:01you
00:47:01can
00:47:01work
00:47:01on
00:47:01it
00:47:02together
00:47:02and
00:47:03there
00:47:03are
00:47:03initiatives
00:47:03already
00:47:04on
00:47:05the
00:47:05way
00:47:05where
00:47:06countries
00:47:06identify
00:47:08funding
00:47:09needs
00:47:10in
00:47:10specific
00:47:11partners
00:47:11see
00:47:12how
00:47:12different
00:47:13partners
00:47:14can
00:47:15contribute
00:47:15for
00:47:16different
00:47:16forms
00:47:17of
00:47:17financial
00:47:17support
00:47:18so
00:47:18I
00:47:18think
00:47:18this
00:47:19is
00:47:19one
00:47:19area
00:47:19where
00:47:20I
00:47:20definitely
00:47:21see
00:47:21scope
00:47:21for
00:47:22doing
00:47:22more
00:47:22so
00:47:23that
00:47:23means
00:47:23you
00:47:23already
00:47:25adapted
00:47:26the
00:47:27most
00:47:27important
00:47:28policy
00:47:29part
00:47:29of
00:47:29Donald
00:47:30Trump
00:47:30because
00:47:30you
00:47:30mentioned
00:47:31costs
00:47:31and
00:47:31financial
00:47:32situations
00:47:32so
00:47:33you
00:47:33answer
00:47:33already
00:47:34in
00:47:34his
00:47:34language
00:47:35I
00:47:36think
00:47:36cost
00:47:37is
00:47:37a
00:47:37real
00:47:37issue
00:47:37in
00:47:37Europe
00:47:38too
00:47:38and
00:47:38this
00:47:39is
00:47:39something
00:47:40that
00:47:40we
00:47:40have
00:47:41to
00:47:41be
00:47:41aware
00:47:41of
00:47:42and
00:47:42one
00:47:42of
00:47:42the
00:47:42main
00:47:43challenges
00:47:43I think
00:47:44in our
00:47:44discussion
00:47:44with
00:47:45member
00:47:45states
00:47:45and
00:47:46businesses
00:47:46you have
00:47:47to
00:47:48identify
00:47:48one of
00:47:48the
00:47:49major
00:47:49risks
00:47:49where
00:47:50it's
00:47:50worth
00:47:51paying
00:47:51the
00:47:51price
00:47:52premium
00:47:52for
00:47:52security
00:47:53and
00:47:53stability
00:47:54and
00:47:54that
00:47:55cannot
00:47:55be
00:47:55across
00:47:56the
00:47:56board
00:47:56so
00:47:56that's
00:47:57why
00:47:57we
00:47:57have
00:47:57to
00:47:57be
00:47:57more
00:47:57targeted
00:47:58and
00:47:59focused
00:47:59do you
00:48:05fear
00:48:05a bit
00:48:06that
00:48:06with
00:48:07the
00:48:08U.S.
00:48:08president
00:48:08in
00:48:09charge
00:48:10that
00:48:11he
00:48:12maybe
00:48:12at some
00:48:13point
00:48:13come to
00:48:14the
00:48:14conclusion
00:48:14the
00:48:15best
00:48:16economic
00:48:16security
00:48:17is
00:48:17the
00:48:17security
00:48:18of
00:48:18the
00:48:18United
00:48:18States
00:48:19and
00:48:19I'm
00:48:19not
00:48:19so
00:48:20much
00:48:20interested
00:48:20in
00:48:20the
00:48:21security
00:48:21of
00:48:21my
00:48:21partners
00:48:22and
00:48:23do
00:48:24you
00:48:24have
00:48:24some
00:48:24of
00:48:25these
00:48:25ideas
00:48:26in
00:48:26your
00:48:27in
00:48:27your
00:48:27plannings
00:48:28or
00:48:29do
00:48:29you
00:48:29think
00:48:30because
00:48:30of
00:48:31the
00:48:31advantages
00:48:31the
00:48:32collaboration
00:48:33with
00:48:33the
00:48:33United
00:48:33States
00:48:34create
00:48:34it's
00:48:35a
00:48:35safe
00:48:36bet
00:48:36yes
00:48:38so
00:48:38we
00:48:39clearly
00:48:40see
00:48:40some
00:48:40potential
00:48:41for
00:48:42collaboration
00:48:43not
00:48:44only
00:48:44with
00:48:44United
00:48:44States
00:48:45but
00:48:45also
00:48:45other
00:48:46like
00:48:46minded
00:48:47countries
00:48:47to
00:48:48cope
00:48:50with
00:48:50the
00:48:51issue
00:48:51like
00:48:52supply
00:48:54of
00:48:55critical
00:48:56mineral
00:48:56because
00:48:56it's
00:48:57the
00:48:58matter
00:48:58of
00:48:59supply
00:49:00and
00:49:00demand
00:49:00and
00:49:01if
00:49:02specific
00:49:03country
00:49:03tries
00:49:04to
00:49:04limit
00:49:05the
00:49:06supply
00:49:07and
00:49:07there's
00:49:08huge
00:49:09disruption
00:49:09in
00:49:10the
00:49:10market
00:49:10and
00:49:11so
00:49:12as
00:49:13you
00:49:13see
00:49:13the
00:49:14rears
00:49:14export
00:49:16control
00:49:17it
00:49:18has
00:49:18huge
00:49:18impact
00:49:19on
00:49:19the
00:49:20downstream
00:49:20industry
00:49:21including
00:49:21auto
00:49:21manufacturing
00:49:22and
00:49:23but
00:49:24we
00:49:25now
00:49:26are
00:49:26rushing
00:49:27to
00:49:27invest
00:49:28in
00:49:29coal
00:49:30mine
00:49:31and
00:49:32refineries
00:49:33and not
00:49:34only Japan
00:49:34but also
00:49:35United States
00:49:36and European
00:49:36country
00:49:36rushing
00:49:37to that
00:49:37but
00:49:38once
00:49:39specific
00:49:40country
00:49:40try
00:49:40loosen
00:49:41their
00:49:42export
00:49:42control
00:49:43there
00:49:44be
00:49:46too
00:49:47much
00:49:48supply
00:49:49in
00:49:50comparison
00:49:50and demand
00:49:50and
00:49:51that
00:49:51makes
00:49:52investment
00:49:54cases
00:49:55difficult
00:49:56to
00:49:56make
00:49:58business
00:49:58profit
00:49:59so
00:49:59and then
00:50:01this kind
00:50:01of
00:50:02fluctuation
00:50:02might happen
00:50:03so
00:50:03best
00:50:04way
00:50:04is
00:50:05to
00:50:05have
00:50:06some
00:50:06kind
00:50:06of
00:50:07agreement
00:50:08or
00:50:08collaboration
00:50:09to
00:50:10commit
00:50:12to
00:50:12such
00:50:13kind
00:50:13of
00:50:14investment
00:50:16to
00:50:16reduce
00:50:17over
00:50:18dependence
00:50:19on
00:50:20specific
00:50:20country
00:50:21so
00:50:21in that
00:50:22case
00:50:23in
00:50:24case
00:50:25of
00:50:26Japan
00:50:26and
00:50:26United
00:50:26States
00:50:27we
00:50:27have
00:50:27agreed
00:50:28to
00:50:28have
00:50:29some
00:50:29very
00:50:31big
00:50:33investment
00:50:34deal
00:50:35and
00:50:36which
00:50:36of course
00:50:38will
00:50:38involve
00:50:39some
00:50:40cases
00:50:44on
00:50:45critical
00:50:46mineral
00:50:46so
00:50:46I think
00:50:47this kind
00:50:48of
00:50:49shared
00:50:49goal
00:50:50and
00:50:50concrete
00:50:51action
00:50:52to
00:50:53reduce
00:50:55our
00:50:56over
00:50:56dependence
00:50:57on
00:50:58specific
00:50:59supply
00:51:00source
00:51:00is quite
00:51:01useful
00:51:01thank
00:51:03you for
00:51:03that
00:51:03I
00:51:03really
00:51:04like
00:51:05the
00:51:05perspective
00:51:06of
00:51:06bringing
00:51:07ourselves
00:51:07and
00:51:08when I
00:51:08say
00:51:08our
00:51:09I
00:51:09mean
00:51:09this
00:51:10collaboration
00:51:10of
00:51:11the
00:51:11European
00:51:12Union
00:51:12with
00:51:12Japan
00:51:13in
00:51:13the
00:51:13driver
00:51:13seat
00:51:13and
00:51:14not
00:51:14waiting
00:51:14for
00:51:14the
00:51:14others
00:51:15I
00:51:15think
00:51:15that's
00:51:16another
00:51:16important
00:51:17action
00:51:19plan
00:51:19in a
00:51:19way
00:51:20for
00:51:20this
00:51:21topic
00:51:22and
00:51:22not
00:51:22only
00:51:22this
00:51:22topic
00:51:23and
00:51:23with
00:51:23this
00:51:24in
00:51:24mind
00:51:24we
00:51:24already
00:51:25reaching
00:51:25our
00:51:26final
00:51:26round
00:51:26and
00:51:27I
00:51:27would
00:51:28like
00:51:28to
00:51:28try
00:51:30something
00:51:31with
00:51:31you
00:51:32because
00:51:32there is
00:51:32so much
00:51:33expertise
00:51:34on this
00:51:34stage
00:51:36and
00:51:37we all
00:51:38have seen
00:51:38a lot
00:51:39of
00:51:39panel
00:51:39discussions
00:51:40and I
00:51:40already
00:51:41say
00:51:41thank you
00:51:41for
00:51:42the rich
00:51:43exchange
00:51:44but maybe
00:51:45we can
00:51:46produce
00:51:46a definite
00:51:48action plan
00:51:49now
00:51:49the action
00:51:50plan
00:51:50of the
00:51:514th of
00:51:52December
00:51:522025
00:51:53when it
00:51:54comes down
00:51:54to economic
00:51:55security
00:51:56and so
00:51:56I
00:51:57have
00:51:57a
00:51:57question
00:51:57for
00:51:57all
00:51:58of
00:51:58you
00:51:58and
00:51:58please
00:51:59answer
00:51:59it
00:51:59maybe
00:52:00you
00:52:00can
00:52:00start
00:52:01and
00:52:01we
00:52:01go
00:52:01like
00:52:02this
00:52:02so
00:52:02Japan
00:52:03the host
00:52:04country
00:52:05has
00:52:05the last
00:52:05word
00:52:05and the
00:52:06question
00:52:06is
00:52:07if
00:52:07you
00:52:08could
00:52:08choose
00:52:08one
00:52:09priority
00:52:09action
00:52:10on
00:52:10EU
00:52:11Japan
00:52:11economic
00:52:12security
00:52:12for the
00:52:13next
00:52:1312
00:52:14months
00:52:14what
00:52:15would
00:52:16it
00:52:16be
00:52:16and
00:52:17I
00:52:17take
00:52:18notes
00:52:18because
00:52:19that
00:52:19will
00:52:19be
00:52:20our
00:52:20declaration
00:52:21of
00:52:22today
00:52:22well
00:52:28for me
00:52:28it's
00:52:29rule
00:52:31making
00:52:31so
00:52:32next
00:52:35year
00:52:35G20
00:52:35will
00:52:36be
00:52:36chaired
00:52:37by
00:52:37France
00:52:38and
00:52:38G20
00:52:38will
00:52:39be
00:52:39chaired
00:52:39by
00:52:39the
00:52:40United
00:52:41States
00:52:41and
00:52:42I
00:52:43think
00:52:44Japan
00:52:44and
00:52:44Europe
00:52:45have
00:52:46a
00:52:47great
00:52:47role
00:52:47to
00:52:48play
00:52:48in
00:52:48both
00:52:48formula
00:52:49and
00:52:49I
00:52:50really
00:52:50expect
00:52:51many
00:52:53of
00:52:53the
00:52:54issues
00:52:54that
00:52:55was
00:52:55discussed
00:52:55today
00:52:56such
00:52:57as
00:52:57independency
00:53:01caused
00:53:02by
00:53:02excess
00:53:03capacity
00:53:04or
00:53:04I
00:53:04think
00:53:05those
00:53:05root
00:53:06causes
00:53:06are
00:53:07like
00:53:07market
00:53:07destroying
00:53:08subsidies
00:53:09and
00:53:10I
00:53:10think
00:53:11it is
00:53:12essential
00:53:13to have
00:53:13rules
00:53:15of discipline
00:53:15on those
00:53:16issues
00:53:17and
00:53:18another
00:53:19point
00:53:19that
00:53:19I
00:53:20understand
00:53:20that
00:53:21G7
00:53:22is
00:53:22trying
00:53:22right
00:53:23now
00:53:23is
00:53:24to
00:53:24promote
00:53:24the
00:53:25non-price
00:53:26criteria
00:53:26so
00:53:27I
00:53:27think
00:53:28there
00:53:29was
00:53:29a
00:53:30discussion
00:53:30that
00:53:30how
00:53:33much
00:53:33premium
00:53:35would be
00:53:36feasible
00:53:37for
00:53:37additional
00:53:38prices
00:53:39but
00:53:39considering
00:53:41the
00:53:42non-price
00:53:42criteria
00:53:43is
00:53:44that
00:53:44elaborate
00:53:46the
00:53:47stability
00:53:48of supply
00:53:48or
00:53:49security
00:53:50issues
00:53:51and
00:53:52if
00:53:52those
00:53:53values
00:53:53are
00:53:54considered
00:53:57as
00:53:58price
00:53:58worthy
00:53:59I
00:53:59think
00:54:00supply
00:54:01would
00:54:03increase
00:54:03in those
00:54:04areas
00:54:04so
00:54:05and
00:54:05I hope
00:54:06that
00:54:06EU
00:54:08and
00:54:08Japan
00:54:09would
00:54:09take
00:54:10lead
00:54:10in
00:54:11making
00:54:11those
00:54:11rules
00:54:12or
00:54:12norms
00:54:13to
00:54:16spread
00:54:17to
00:54:17G7
00:54:18and
00:54:18G20
00:54:18and
00:54:19hopefully
00:54:22more
00:54:23broader
00:54:25Thank you
00:54:27for that
00:54:27Mathieu
00:54:28I would
00:54:30say
00:54:30prioritize
00:54:32structuring
00:54:33the
00:54:34information
00:54:35sharing
00:54:35slash
00:54:36economic
00:54:36intelligence
00:54:37relationship
00:54:38in the
00:54:39next year
00:54:39I think
00:54:40there's
00:54:40a
00:54:40negotiation
00:54:41going on
00:54:41as part
00:54:42of the
00:54:42defense
00:54:42and
00:54:43security
00:54:43partnership
00:54:44and
00:54:45it's
00:54:45a
00:54:45difficult
00:54:46one
00:54:46other
00:54:47aspects
00:54:47regarding
00:54:48economic
00:54:51security
00:54:51other
00:54:53than
00:54:53the
00:54:54defense
00:54:56sector
00:54:56arms
00:54:57production
00:54:57that should
00:54:58be
00:54:58explored
00:54:58and
00:54:59I
00:54:59would
00:54:59say
00:54:59build
00:55:01on
00:55:01the
00:55:01supply
00:55:03chain
00:55:04early
00:55:04warning
00:55:05mechanism
00:55:05built
00:55:06for
00:55:06semiconductors
00:55:07and
00:55:08one
00:55:08very
00:55:08practical
00:55:09way
00:55:09to
00:55:10advance
00:55:11this
00:55:11would
00:55:12be
00:55:12for
00:55:13EU
00:55:13and
00:55:13Japan
00:55:14to
00:55:14get
00:55:15together
00:55:15to
00:55:15really
00:55:16simulate
00:55:16a
00:55:17supply
00:55:17chain
00:55:18crisis
00:55:18and
00:55:18how
00:55:19it
00:55:19would
00:55:19affect
00:55:20their
00:55:20relationship
00:55:21if they
00:55:21be able
00:55:22to
00:55:22really
00:55:23work
00:55:23together
00:55:24and help
00:55:24each other
00:55:25solve
00:55:25their
00:55:25problem
00:55:27I
00:55:28I
00:55:28notice
00:55:28doing
00:55:29simulations
00:55:30in the
00:55:31past
00:55:31that
00:55:31one
00:55:32thing
00:55:32that
00:55:33can
00:55:34escape
00:55:34the
00:55:35attention
00:55:35of
00:55:35policy
00:55:36makers
00:55:36is the
00:55:37potential
00:55:38for
00:55:38escalation
00:55:39because
00:55:39you have
00:55:39to deal
00:55:40with
00:55:40developing
00:55:41events
00:55:42and
00:55:44to
00:55:44detect
00:55:45the
00:55:45potential
00:55:46for
00:55:46escalation
00:55:47of
00:55:47a
00:55:48crisis
00:55:48I
00:55:49think
00:55:49it
00:55:49really
00:55:51takes
00:55:51geopolitical
00:55:52expertise
00:55:53in the
00:55:54room
00:55:54so
00:55:54it's
00:55:55really
00:55:55about
00:55:55sharing
00:55:57among
00:55:57different
00:55:58parts
00:55:58of
00:55:58governments
00:55:59and
00:56:00I
00:56:01think
00:56:01the
00:56:01two
00:56:01sides
00:56:02really
00:56:02have
00:56:03something
00:56:03to
00:56:03bring
00:56:03to
00:56:04each
00:56:04other
00:56:04in
00:56:04that
00:56:04regard
00:56:05yes
00:56:08so
00:56:09we
00:56:10haven't
00:56:10talked
00:56:10very
00:56:11much
00:56:11about
00:56:11research
00:56:12and
00:56:12innovation
00:56:12today
00:56:13but
00:56:13it's
00:56:13very
00:56:13relevant
00:56:14in the
00:56:14Japan
00:56:15context
00:56:15because
00:56:16Japan
00:56:16is in
00:56:17the
00:56:17final
00:56:18stretch
00:56:18of
00:56:18negotiations
00:56:19on
00:56:20its
00:56:21accession
00:56:21to
00:56:21Horizon
00:56:22Europe
00:56:22which
00:56:23is
00:56:23our
00:56:23flagship
00:56:23research
00:56:25and
00:56:25innovation
00:56:26project
00:56:26and
00:56:28hopefully
00:56:29we
00:56:29will
00:56:29get
00:56:30there
00:56:30and
00:56:31if
00:56:31that
00:56:31is
00:56:31the
00:56:31case
00:56:31there
00:56:32will
00:56:32be
00:56:32very
00:56:32interesting
00:56:33opportunities
00:56:33because
00:56:34we
00:56:34will
00:56:34launch
00:56:35specific
00:56:35projects
00:56:36on
00:56:36critical
00:56:36raw
00:56:37materials
00:56:37some
00:56:38of
00:56:38them
00:56:38for
00:56:38funding
00:56:39projects
00:56:40in
00:56:40third
00:56:41countries
00:56:41along
00:56:42the
00:56:42critical
00:56:43raw
00:56:43material
00:56:43value
00:56:44chain
00:56:44and
00:56:45other
00:56:45projects
00:56:46that
00:56:46are
00:56:46related
00:56:47more
00:56:47to
00:56:48circular
00:56:48economy
00:56:49identifying
00:56:50ways
00:56:51to
00:56:51recycle
00:56:52critical
00:56:53materials
00:56:53or
00:56:54identifying
00:56:54alternatives
00:56:55to
00:56:56these
00:56:56critical
00:56:56materials
00:56:57and
00:56:59there's
00:56:59a lot
00:56:59of
00:57:00talent
00:57:01in
00:57:01Japan
00:57:02in
00:57:02terms
00:57:02of
00:57:02research
00:57:03institutions
00:57:03companies
00:57:04so
00:57:06we
00:57:06would
00:57:06really
00:57:06hope
00:57:07that
00:57:07we
00:57:07can
00:57:07work
00:57:08together
00:57:08with
00:57:08Japan
00:57:08on
00:57:09finding
00:57:09these
00:57:10alternatives
00:57:10and
00:57:11new
00:57:11ways
00:57:11of
00:57:12producing
00:57:12it
00:57:13so
00:57:13looking
00:57:14forward
00:57:15and
00:57:15hoping
00:57:15that
00:57:15this
00:57:16will
00:57:16be
00:57:16possible
00:57:16good
00:57:18great
00:57:18yes
00:57:19I
00:57:20think
00:57:21I
00:57:22mean
00:57:22platform
00:57:23for
00:57:23a
00:57:23joint
00:57:24response
00:57:24to
00:57:24economic
00:57:24caution
00:57:25this
00:57:25is
00:57:25very
00:57:25important
00:57:26but I
00:57:26already
00:57:27talked
00:57:27this
00:57:27too
00:57:28much
00:57:28so
00:57:29I
00:57:29want
00:57:29to
00:57:29take
00:57:30another
00:57:30one
00:57:31that
00:57:31is
00:57:31joint
00:57:32finance
00:57:33for
00:57:33some
00:57:33project
00:57:34can
00:57:34be
00:57:35layered
00:57:36kind
00:57:36of
00:57:36things
00:57:36or
00:57:36can
00:57:37be
00:57:37infrastructure
00:57:38but
00:57:39EU
00:57:40Japan
00:57:40joint
00:57:40finance
00:57:41for
00:57:42projects
00:57:43in
00:57:43global
00:57:44sales
00:57:45because
00:57:45global
00:57:46sales
00:57:46is
00:57:46very
00:57:46important
00:57:47for
00:57:48us
00:57:48so
00:57:49not
00:57:49just
00:57:49cooperation
00:57:49between
00:57:50EU
00:57:50and
00:57:50Japan
00:57:51but
00:57:51also
00:57:51that
00:57:52we
00:57:52cooperate
00:57:53together
00:57:53and
00:57:54getting
00:57:55some
00:57:56not
00:57:57approval
00:57:58but
00:57:58cooperation
00:57:59from
00:57:59global
00:58:00services
00:58:00this
00:58:00is
00:58:00very
00:58:01important
00:58:01for
00:58:02doing
00:58:02that
00:58:03financing
00:58:04beneficial
00:58:05project
00:58:06not only
00:58:06beneficial
00:58:07to
00:58:07EU
00:58:07and
00:58:07Japan
00:58:08but
00:58:08beneficial
00:58:08to
00:58:09global
00:58:09services
00:58:10this
00:58:10is
00:58:10very
00:58:10important
00:58:11and
00:58:11fortunately
00:58:12I mean
00:58:13European
00:58:14country
00:58:14has
00:58:14bilateral
00:58:15governmental
00:58:16financial
00:58:16institution
00:58:17and
00:58:17they
00:58:18have
00:58:18EIB
00:58:18and
00:58:19they
00:58:19have
00:58:19EBRD
00:58:20too
00:58:20EBRD
00:58:21is
00:58:21multivater
00:58:21so
00:58:22a little
00:58:22bit
00:58:22different
00:58:23nature
00:58:23but
00:58:23EBRD
00:58:24is
00:58:24very
00:58:24European
00:58:25oriented
00:58:25institution
00:58:26they
00:58:26have
00:58:26such
00:58:26kind
00:58:27of
00:58:27institution
00:58:27and
00:58:28Japan
00:58:28has
00:58:28JVIC
00:58:29JICA
00:58:30NEXI
00:58:31JOGMEC
00:58:32many
00:58:33institutions
00:58:34so we
00:58:35can
00:58:35cooperate
00:58:36and
00:58:36we
00:58:36can
00:58:37finance
00:58:37jointly
00:58:38and
00:58:39one
00:58:39note
00:58:40is
00:58:41for
00:58:42us
00:58:42to
00:58:42cooperate
00:58:43it's
00:58:43very
00:58:43important
00:58:44for
00:58:44us
00:58:44to
00:58:44reduce
00:58:45doing
00:58:46business
00:58:47with
00:58:47us
00:58:47several
00:58:48institutions
00:58:50finance
00:58:50and
00:58:51we
00:58:51request
00:58:52a little
00:58:52bit
00:58:53different
00:58:53form
00:58:53of
00:58:54question
00:58:54to
00:58:55single
00:58:55borrowers
00:58:56or
00:58:56borrowing
00:58:56countries
00:58:57these
00:58:57will
00:58:57increase
00:58:58cost
00:58:58so in
00:58:59that
00:58:59sense
00:58:59we
00:59:00need
00:59:00to
00:59:00trust
00:59:01each
00:59:02institution
00:59:02and we
00:59:03rely on
00:59:04such
00:59:04institutions
00:59:05lead
00:59:06agency
00:59:06lead
00:59:07institutions
00:59:07due
00:59:08dividends
00:59:08that will
00:59:09reduce
00:59:09cost from
00:59:10the viewpoint
00:59:10of
00:59:10global
00:59:11health
00:59:11and
00:59:12will
00:59:12benefit
00:59:13EU
00:59:13Japan
00:59:13and
00:59:14also
00:59:14global
00:59:15health
00:59:15countries
00:59:16from
00:59:22Japanese
00:59:22government
00:59:22perspective
00:59:23I
00:59:24think
00:59:24communication
00:59:25is
00:59:25most
00:59:25important
00:59:26thing
00:59:27there
00:59:28are
00:59:28many
00:59:28opportunities
00:59:30for
00:59:31concrete
00:59:32joint
00:59:33projects
00:59:34like
00:59:34as
00:59:36Mr
00:59:36Dushateau
00:59:37mentioned
00:59:37that
00:59:37the
00:59:38project
00:59:38in
00:59:39southern
00:59:40France
00:59:40is
00:59:41a
00:59:42typical
00:59:42one
00:59:43where
00:59:43Japanese
00:59:44government
00:59:45sponsored
00:59:45agency
00:59:46invest
00:59:47in
00:59:47French
00:59:48refinery
00:59:49project
00:59:51of
00:59:51heavy
00:59:52layers
00:59:52and
00:59:53also
00:59:54we
00:59:54can
00:59:54see
00:59:54some
00:59:55kind
00:59:55of
00:59:56this
00:59:56new
00:59:56project
00:59:57to
00:59:57strengthen
00:59:58our
00:59:58economic
00:59:59security
01:00:00in
01:00:00the
01:00:00pipeline
01:00:01but
01:00:01also
01:00:04we
01:00:04can
01:00:04be
01:00:05ambitious
01:00:06to
01:00:06expect
01:00:07some
01:00:08new
01:00:08rule
01:00:09making
01:00:09in
01:00:10say
01:00:11in
01:00:11the
01:00:11area
01:00:11of
01:00:12global
01:00:13trade
01:00:13or
01:00:13investment
01:00:14but
01:00:14this
01:00:15kind
01:00:16of
01:00:16new
01:00:16rule
01:00:16making
01:00:17will
01:00:17take
01:00:18time
01:00:18and
01:00:18I
01:00:19think
01:00:19the
01:00:20coordination
01:00:21among
01:00:21European
01:00:22countries
01:00:22might
01:00:22be
01:00:22difficult
01:00:23and
01:00:23even
01:00:24inside
01:00:24Japanese
01:00:25government
01:00:25it
01:00:25will
01:00:27take
01:00:27time
01:00:27so
01:00:27we
01:00:28will
01:00:29keep
01:00:29sharing
01:00:31information
01:00:32and
01:00:32sharing
01:00:33our
01:00:33best
01:00:36practice
01:00:36and
01:00:36then
01:00:37we
01:00:38can
01:00:38wait
01:00:38for
01:00:39the
01:00:39timing
01:00:39to
01:00:40see
01:00:41the
01:00:41window
01:00:42open
01:00:43for
01:00:43specific
01:00:43policies
01:00:44sometimes
01:00:45very
01:00:46ambitious
01:00:46one
01:00:47we
01:00:47can
01:00:48get
01:00:50and
01:00:51so
01:00:51it's
01:00:52just
01:00:53we
01:00:54just
01:00:54have
01:00:54to
01:00:55keep
01:00:55communicating
01:00:56with
01:00:57our
01:00:58counterpart
01:00:58in
01:00:59Europe
01:00:59so
01:01:00thank you
01:01:01very
01:01:01much
01:01:01it's
01:01:01a
01:01:02perfect
01:01:02summary
01:01:02and
01:01:02the
01:01:03perfect
01:01:03thing
01:01:04if
01:01:04this
01:01:04would
01:01:05be
01:01:06the
01:01:06steering
01:01:06committee
01:01:07for
01:01:08improving
01:01:09the
01:01:09EU
01:01:10Japan
01:01:10collaboration
01:01:12in
01:01:13terms
01:01:13in
01:01:15we
01:01:15would
01:01:15have
01:01:15some
01:01:15projects
01:01:17ahead
01:01:17of
01:01:17us
01:01:18in
01:01:18the
01:01:18next
01:01:1812
01:01:18months
01:01:19first
01:01:20G7
01:01:21and
01:01:21T20
01:01:22are
01:01:23key
01:01:23in a
01:01:23way
01:01:24as
01:01:24a
01:01:24format
01:01:24not
01:01:25to
01:01:25underestimate
01:01:26then
01:01:26of
01:01:27course
01:01:27a
01:01:28communication
01:01:29issue
01:01:29maybe
01:01:30having
01:01:30more
01:01:31formats
01:01:31of
01:01:32sharing
01:01:32best
01:01:32practices
01:01:33and
01:01:34like
01:01:35you
01:01:35mentioned
01:01:35an
01:01:36early
01:01:37warning
01:01:37mechanism
01:01:38establish it
01:01:39I'm pretty
01:01:40sure
01:01:40it
01:01:40exists
01:01:41but
01:01:41everything
01:01:42can
01:01:42be
01:01:43improved
01:01:43that
01:01:44would
01:01:44be
01:01:44on
01:01:44our
01:01:4412
01:01:45months
01:01:45list
01:01:46of
01:01:47course
01:01:47underlining
01:01:49the
01:01:49importance
01:01:49of
01:01:50the
01:01:50critical
01:01:51raw
01:01:51material
01:01:52thing
01:01:52because
01:01:53it's
01:01:53key
01:01:53for
01:01:53everything
01:01:54and
01:01:55what
01:01:55I
01:01:55think
01:01:55is
01:01:55a
01:01:56very
01:01:56important
01:01:57issue
01:01:59in our
01:02:0012
01:02:01months
01:02:01program
01:02:02is
01:02:03bringing
01:02:03the
01:02:04talents
01:02:04together
01:02:05because
01:02:06that's
01:02:07in a
01:02:07way
01:02:07the
01:02:08resource
01:02:09for
01:02:09everything
01:02:09bringing
01:02:10talents
01:02:10together
01:02:11means
01:02:11sharing
01:02:11information
01:02:12means
01:02:12sharing
01:02:13best
01:02:14practices
01:02:14means
01:02:15making
01:02:16clear
01:02:17that we
01:02:17belong
01:02:18in a way
01:02:18together
01:02:18and
01:02:19Japan
01:02:20needs
01:02:20Europe
01:02:21and
01:02:21Europe
01:02:21needs
01:02:22Japan
01:02:22so
01:02:23thank
01:02:23you
01:02:24for
01:02:24that
01:02:24if
01:02:25I
01:02:26would
01:02:26like
01:02:26to
01:02:27add
01:02:28a
01:02:28wish
01:02:28it
01:02:28would
01:02:29be
01:02:29let's
01:02:30build
01:02:31this
01:02:32bridge
01:02:32every
01:02:33day
01:02:33because
01:02:34it's
01:02:34an
01:02:34everyday
01:02:35business
01:02:35thank
01:02:36you
01:02:36very
01:02:36much
01:02:36for
01:02:36this
01:02:36discussion
01:02:37and
01:02:37for
01:02:38the
01:02:38rich
01:02:38exchange
01:02:39thank
01:02:39you
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01:02:40you
01:02:40thank
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01:02:41thank
01:02:41you
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