Foreign Secretary and Business Secretary travel to Japan for the Economic 2+2, a new way for the UK and Japan to coordinate international economic policy.

• huge Japanese market to be further unlocked through new partnership between UK and Japan as Foreign Secretary and Secretary of State for Business and Trade

visit to the world’s 4th largest economy

• Japan already invests £86 billion in the UK economy; a business delegation travelling alongside the ministers will drive more investment and opportunities for

British companies in Japan

• UK and Japanese defence industrial cooperation will deliver jobs for Brits and security across the Indo-Pacific – building our defence capability and our economy

It comes as the Foreign Secretary and Business Secretary travel to Japan today (6 March 2025), for the Economic 2+2, a new strategic way for the UK and Japan to coordinate international economic policy. The visit is part of the government delivering its Plan for Change to boost growth, create jobs and put more money in people’s pockets. The Economic 2+2 will strengthen UK and Japan cooperation in a range of areas– such as continued commitment to a fair-trading system, joint research into the technologies of the future and mutual investment to support growth, innovation and jobs in the defence industry. Chief Economist at the CBI – member of the travelling business delegation – Louise Hellem said: Cooperation with like-minded partners like Japan will be critical to achieving the government’s Growth Mission. As a significant and growing trading partner, Japan’s economy offers unique opportunities for UK firms looking to expand and internationalise. This delegation is an important next step in our relationship, enabling both governments to explore deeper collaboration across topics like digital and technology, advanced manufacturing, and sustainability. (REF.GOV.UK)

SINGAPORE, March 4, 2025 – The Japanese economy is projected to grow at 1.3 percent in 2025, driven by sustained wage gains, strong business investments, and resilient performance in goods exports and tourism. While inflation has eased, it is expected to remain above the Bank of Japan’s (BOJ) target, with CPI (excluding fresh food) inflation estimated to average 2.2 percent in 2025. Amid ongoing uncertainties surrounding the growth and inflation outlook, the BOJ should maintain a flexible, data-driven approach to monetary policy. Meanwhile, with public debt at elevated levels and rising fiscal pressures due to an aging population, stronger fiscal consolidation efforts will be needed to strengthen fiscal resilience. Recent developments and outlook Japan’s economic growth moderated to 0.1 percent in 2024 following the post-pandemic rebound. Although the economy contracted sharply in Q1 2024, growth rebounded over the subsequent three quarters, driven by strong consumption as wage hikes from the “Shunto” wage negotiations began to take effect. Wage increases are expected to remain high on account of a tight labor market and a shift in firm behavior. Corporate earnings are also expected to contribute to higher wages and increased capital investment in 2025, further boosting domestic demand. Goods exports and tourism are projected to remain robust, provided there is no sharp slowdown in major global economies. Risks, vulnerabilities, and challenges Japan’s macrofinancial outlook is skewed to the downside, reflecting substantial uncertainties, particularly from external factors. Key risks include a spike in global commodity prices triggered by escalating geopolitical tensions and a pronounced economic slowdown in other major economies. (REF &Photo . ASEAN+3 Macroeconomic Research Office

It is easy to feel a little overwhelmed and disoriented when you visit Japan for the first time, so find out the basics before you fly and get acquainted with the country through our helping you plan guide. Learn a little more about Japan’s customs, culture and Wi-Fi connectivity, as well as its seasonal weather, geography and luggage delivery options. Many of the questions first-time travelers might have are answered here, along with insider tips and practical advice to help you navigate the country with confidence. (Ref.Japan Travel )

The Japan Association for the 2025 World Exposition (hereinafter referred to as “the Association”) is pleased to announce that information about events at Expo 2025 Osaka, Kansai, Japan (hereinafter referred to as “the Expo”), such as National Days and Special Days by the Official Participants (foreign governments and international organisations that have confirmed their participation in the Expo) and other several events, has been released. For more information on each event, please check with “EXPO 2025 Visitors” https://www.expovisitors.expo2025.or.jp/ REF . Japan Travel Expo 2025

Traveling to Japan in 2025 and worried you’ll miss the most must-see sights and things to do? We’d never let that happen. Plan your perfect trip with our Japan Travel Guide 2025, packed with the latest events, attractions, seasonal must-sees and new experiences, taking you from Tokyo and Kyoto to Osaka and beyond. Discover the best place to spot Japan’s 2025 cherry blossoms and fall foliage, or join the crowds at the latest music festivals and sports events. No matter how you spend your time here, Japan in 2025 is going to be something you remember for the rest of your life. REF & Complete News here https://www.byfood.com/blog/japan-travel-guide-2025-p-800