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Japan, U.S. agree on 'rules-based order' in 1st economic 2-plus-2 talks

Both sides to seek secure, resilient supply chains for chips and industrial minerals

U.S. Secretary of State Antony Blinken and Commerce Secretary Gina Raimondo hold a joint news conference with Japan's Foreign Minister Yoshimasa Hayashi and Koichi Hagiuda, Minister of Economy, Trade, and Industry in Washington on July 29.   © Reuters

WASHINGTON -- Cabinet officials from Japan and the U.S. agreed Friday to pursue free trade and stronger, more transparent supply chains during their first "two-plus-two" meeting focused on economic policy.

"The ministers affirmed their shared resolve to present a positive economic vision that highlights the benefits of a rules-based international economic order and emphasized the need to make our economies more competitive and resilient," top economic and foreign policy chiefs from both sides said in a joint statement.

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