Japan, Australia and India target Indo-Pacific supply-chain code

Agreed principles will establish data-sharing and transparency standards

20220315N Australia-Japan-India ministerial meeting

Clockwise from top right: Japanese trade minister Koichi Hagiuda meets virtually with Indian trade minister Piyush Goyal and Australian trade minister Dan Tehan on March 15. (Photo by Satsuki Kaneko)

SATSUKI KANEKO, Nikkei staff writer

March 16, 2022 06:45 JST

TOKYO -- Trade chiefs from Japan, Australia and India agreed on Tuesday to develop principles that will strengthen supply chains through better data management in the Indo-Pacific region.

Koichi Hagiuda, Japan's minister for economy, trade and industry, met virtually with his counterparts Piyush Goyal from India and Dan Tehan of Australia. The three later issued a joint statement calling for "supply-chain principles" in the Indo-Pacific. The principles are due to be finalized next year.