The HLED was co-chaired by Executive Vice-President and Commissioner for Trade, Valdis Dombrovskis, and Commissioner for Financial Stability, Financial Services and the Capital Markets Union, Mairead McGuinness, with Japanese Minister of Foreign Affairs, Yoshimasa Hayashi, and Japanese Minister for Economy, Trade and Industry, Yasutoshi Nishimura.
This second meeting of the HLED confirmed EU-Japanese strategic alignment on key economic and geopolitical challenges. On the agenda were current trade challenges, the follow-up to the 12th WTO Ministerial Conference, and sustainable finance. On support for the rules-based order, the EU invited Japan to join the multi-party interim appeal arbitration arrangement (known as the ‘MPIA’), a stopgap arrangement open to all WTO Members until a lasting reform of WTO dispute settlement has been agreed multilaterally.
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