Australia and Japan have pledged to deepen co-operation on energy security and climate change during high-level talks where Labor sought to reassure Tokyo that future LNG supplies will not be threatened by its green energy policies.
“These projects are supported by a stable investment environment,” he said in a written response to questions. “At the moment, both countries are discussing a safeguard mechanism, mainly for LNG. I believe that this will also lead to a win-win relationship based on the trust between the two countries. I hope that many projects will be realised under a stable investment environment.”
Ms King said meetings included a “long discussion” around partnerships in critical minerals and rare earths. Mr Nishimura earlier on Sunday visited Trade Minister Don Farrell played down any tension in the relationship in a speech at the Australia Japan Business Co-operation Committee’s annual conference in Melbourne on Sunday. About 300 senior Japanese executives have flown to Australia for the conference this week.
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