Japan and the Association of Southeast Asian Nations (ASEAN) have agreed to explore an expansion of their economic partnership, focusing on bolstering supply-chain resilience, enhancing energy security, and integrating artificial intelligence. This decision emerged from a meeting of economic ministers held in Manila on September 20.
The initiative aims to update the existing agreement to address increasing risks to global supply chains and the growing significance of AI in economic activities. Additionally, discussions included strategies to ensure stable energy supplies amidst ongoing disruptions in key Middle Eastern routes.
Japan has reiterated its commitment to supporting ASEAN countries in strengthening their oil stockpiles, thus contributing to regional energy security. The ministers emphasized the need for closer economic collaboration in light of geopolitical tensions and uncertainties surrounding global trade.
The economic partnership agreement between Japan and ASEAN, which became effective in 2008, has been previously expanded to include trade in services and investment. In 2025, two-way merchandise trade between Japan and ASEAN amounted to $245.4 billion, with Japanese investments in the region reaching $9.5 billion.
