The EU’s closest strategic alliance in Asia is Japan, said by the EU’s Michel

Japan is the EU's (European Commission) closest strategic alliance in Asia," said European Council President Charles Michel

May 12, 2022 - 12:26 PM 261 views

The EU’s closest strategic alliance in Asia is Japan, said by the EU’s Michel

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"Japan is the EU's (European Commission) closest strategic alliance in Asia," said European Council President Charles Michel.

 Key Quotes

 It will broaden our close cooperation to criticise Russia and expand sanctions.

Close collaboration on counter-sanctions measures was discussed.

Willing to broaden discussions about China

Analyzed on how to get the maximum out of different partnerships, that includes the energy sector too.

 In response to the above discussions, Japan's Prime Minister Fumio Kishida said that they are in alignment to support the EU and the group of seven countries in their fight against Russia.

 The Market Reaction

When last seen, the EUR/USD pair was trading at 1.0519, up 0.10% in a day.

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