Japan's AZEC ministerial meeting on the 8th will discuss expanding Asian oil reserve cooperation

智通财经2026/10/06 04:35

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According to Nikkei, Japan’s Minister of Economy, Trade and Industry Akazawa Ryo Masa stated on the 6th that the upcoming "Asia Zero Emissions Community" (AZEC) ministerial meeting to be held on the 8th will focus on discussions to expand oil reserves in the Asian region and "strengthen cooperation between oil-producing and oil-consuming countries."

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According to Nikkei News: On the 6th, Japan's Minister of Economy, Trade and Industry, Ryosei Akazawa, stated that at the Ministerial Meeting of the "Asia Zero Emission Community" (AZEC) to be held on the 8th, there will be "discussions on strengthening cooperation between oil-producing and oil-consuming countries" focusing on expanding oil reserves in the Asian region.

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Japanese Prime Minister Sanae Takaichi defended her absence from the online meeting of the Group of Seven (G7) and responded via social media to critics questioning why she did not attend despite what appeared to be a free schedule. She posted, "This meeting was arranged at short notice by the rotating chair France, and it was permissible to send a representative. To my knowledge, UK Prime Minister Burnham did not personally attend but sent a delegate instead; European Council President Costa was also absent." According to local media reports, Takaichi was at her official residence during the meeting and did not meet with anyone. She wrote, "Although the meeting ultimately decided to coordinate the release of 100 million barrels of oil reserves, Japan had already been releasing reserves beforehand and currently has no plans for new measures." Takaichi added that Vice Minister of Foreign Affairs Kazuya Endo attended the meeting on her behalf.

智通财经•2026/10/06 05:06