METI - Ministry of Economy, Trade and Industry of the State of Japan

04/11/2024 | Press release | Distributed by Public on 04/11/2024 07:42

Minister Saito Holds the Third Japan-U.S. Commercial and Industrial Partnership (JUCIP) Ministerial Meeting with Ms. Gina M. Raimondo, United States Secretary of Commerce

April 11, 2024

On Wednesday, April 10, METI Minister Saito held the 3rd Japan-U.S. Commercial and Industrial Partnership (JUCIP) Ministerial Meeting in Washington, D.C. The following joint press release was issued after the JUCIP meeting.

Japan - U.S. Commercial and Industrial Partnership Ministerial Meeting
(April 10, 2024), Joint Press Release

Japanese Minister of Economy, Trade, and Industry (METI) Saito Ken and U.S. Department of Commerce Secretary Gina Raimondo held the third Japan-U.S. Commercial and Industrial Partnership (JUCIP) Ministerial Meeting in Washington, D.C., on April 10. The Minister and Secretary reviewed progress made to date in deepening bilateral economic and commercial cooperation, and discussed how they will contribute to the implementation of outcomes from the Japan-U.S. Summit that was held between President Biden and Prime Minister Kishida earlier in the day.

The Minister and Secretary committed their ministries to accelerating METI-Commerce cooperation to achieve more transparent, robust, and sustainable supply chains, including addressing non-market policy and practices, and cooperating on to current-generation and mature-node ("legacy") semiconductors, as agreed upon in the Japan-U.S. Economic Policy Consultative Committee (EPCC, or Economic "2+2") Ministerial Meeting held on November 14, 2023, in San Francisco. The Minister and Secretary also acknowledged the progress made through METI-Commerce cooperation in critical and emerging technologies, including semiconductors, AI, quantum, and biotechnology, and committed to further collaboration between the ministries. They agreed to continue existing, robust export control cooperation to address national security threats and protect critical and emerging technologies from abuse by malign actors who seek to use them in contravention to our regional and national security interests.

Division in Charge

Americas Division, Trade Policy Bureau