How Japan’s new economic model could inspire others to ‘look east’
Japan and South Korea are strengthening their diplomatic ties and economic cooperation, driven by concerns over regional instability and supply chain security. The two nations have established a mutual energy swap agreement to ensure supply during disruptions. Japan is also focusing on its economic security by designating strategic fields like AI and semiconductors for development, aiming to tap into domestic wealth to advance industrial ambitions. AI
IMPACT Japan and South Korea's focus on AI as a strategic industry could accelerate regional AI development and competition.