Japan's Minister of Economy, Trade and Industry, Akazawa, announced that Japan will actively provide its expertise to support ASEAN's joint oil reserve initiative, aiming to stabilize oil supply in Southeast Asia.

Japanese Economy, Trade and Industry Minister Akazawa attended a ministerial-level meeting with the EU in Belgium, confirming cooperation on protecting important sea routes, particularly in light of the ongoing de facto blockade of the Strait of Hormuz due to tensions in Iran.

Japanese politician Sanae Takaichi has cautioned fellow lawmaker Akazawa not to make further comments regarding the Bank of Japan (BOJ).

South Korea and Japan agreed Saturday to establish a regular communication channel between their industry ministries to better manage various trade, economic security and supply chain issues, Seoul's industry ministry said. The agreement was made at a meeting between South Korean Industry Minister Kim Jung-kwan and his Japanese counterpart, Ryosei Akazawa, held on the sidelines of the inaugural Indo-Pacific energy security ministerial meeting in Tokyo, according to the Ministry of Trade, Industr

Akazawa to Visit US as Japan Aims to Keep Trade Deal Intact  Bloomberg

Japan's Economy, Trade and Industry Minister Akazawa has requested the US Commerce Secretary that Japan not be disadvantaged by new tariffs imposed by the Trump administration, compared to a previous bilateral agreement.

Following contact between Japan's Economy, Trade and Industry Minister Akazawa and a Chinese minister, Chief Cabinet Secretary Kihara stressed the importance of communication between the two nations. He affirmed Japan's open stance on dialogue despite existing concerns and challenges.

Japan's industry minister, Ryosei Akazawa, announced the government's decision to proceed with a survey of Minamitorishima island as a potential site for nuclear waste disposal.

Japan, through Akazawa, plans to collaborate with other Asian nations to address and ease existing oil supply bottlenecks.

In response to the Middle East situation, Japan's newly appointed Economy Minister Akazawa is leading cross-ministerial efforts to ensure a stable supply of petroleum products, anticipating potential supply constraints.

The Japanese government has informed the ruling party that a Japan-US summit meeting between Prime Minister Takaichi and President Trump is being arranged for March 19. Foreign Minister Motegi and Economy, Trade and Industry Minister Akazawa are expected to accompany the Prime Minister.

A Japanese official is traveling to the U.S. to discuss additional projects as part of a $550 billion pledge, with three projects already agreed upon and more expected soon.

Japan's Minister of Economy, Trade and Industry, Akazawa, announced plans to provide comprehensive information to consumers regarding the 'Air Conditioner 2027 Problem,' which involves increased energy efficiency standards and potential price hikes, including details on potential utility cost savings.

Japan's Economy, Trade and Industry Minister Akazawa stated that the government takes seriously the de facto approval by the mayor of Ogasawara Village for a literature survey regarding the final disposal site for nuclear waste on Minamitorishima Island. Procedures for the survey's implementation are expected to begin.

Amidst the situation in the Middle East, Prime Minister Takaichi met with the Minister of Economy, Trade and Industry Akazawa and the Minister of Health, Labour and Welfare Ueno, reiterating instructions to ensure the stable supply of petroleum products and other goods.

The industry minister said that the region depends on imports for more than 80% of its energy compounding the damage caused by the conflict between U.S.-Israeli forces and Iran.

Japan's Minister of Economy, Trade and Industry, Akazawa, has urged the US not to disadvantage Japan with new 10% tariffs and to exclude Japan from a potential 15% increase, citing a previous US-Japan agreement.