• EU’s Michel: Japan is the Union’s closest strategic partner in Asia

Market news

12 May 2022

EU’s Michel: Japan is the Union’s closest strategic partner in Asia

European Council President Charles Michel said in a statement on Thursday, “Japan is EU’s closest strategic partner in Asia.”

Additional quotes

Will expand our close cooperation to condemn Russia, expand sanctions.

Discussed close cooperation to counter measures to circumvent sanctions.

Want to deepen consultations over China.

Discussed how to get most out of various partnerships, including in energy.

In response, Japan PM Fumio Kishida said that they agreed to further cooperate with the EU and the group of seven on measures to deal with Russia.

Market reaction

EUR/USD was last seen trading at 1.0519, up 0.10% on the day.

Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.