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Japan Identifies 4 International Trade Goals in White Paper

Japan's Ministry of Economy, Trade and Industry in a June 29 white paper on international economy and trade identified four global goals emerging from the COVID-19 pandemic era. It cited a larger economic role for governments, strengthened economic security across…

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the globe, increased interest in common values such as the environment and human rights, and the digitalization of business. The U.S. and the European Union focus on supply chain resiliency was and will continue to be a large emphasis for global economies, the report said. Risk management methods must change and digital technologies must be used to foster supply chain resilience moving forward, the white paper said.