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Reuters

Business

By Sakura Murakami and Andreas Rinke

Germany, Japan seek cooperation on economic security amid supply chain strains

Olaf Scholz Japan Germany Supply chain Fumio Kishida Matthias Schrader Tokyo China G7

FILE PHOTO: German Chancellor Olaf Scholz, right, and Japan's Prime Minister Fumio Kishida pose for photographers during a bilateral meeting on the sidelines of the G7 summit at Castle Elmau in Kruen, near Garmisch-Partenkirchen, Germany, on Sunday, June 26, 2022. Matthias Schrader/Pool via REUTERS/File Photo

Germany and Japan agreed to cooperate closely on economic security on Saturday during their first ever high-ministerial government consultations, held amid tensions over global supply chains and economic disruptions caused by the war in Ukraine.

German Chancellor Olaf Scholz, accompanied to Japan by six ministers, is looking at ways to reduce German dependence on Chinese raw materials.

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