Australia and Japan are Special Strategic Partners with a commitment to mutual energy security and to rules-based and market-oriented trade and investment.
The prosperity, security, stability and economic future of our countries and region are intertwined. We recognise the complementarity of our trade and economic partnership and the interdependence of our energy security, we are committed to our two-way trade in energy resources and strengthening supply chain resilience, while also addressing unjustified import and export restrictions.
We reaffirm our commitment to strengthen energy security; support the flow of essential energy goods, including liquefied natural gas, coal and liquid fuels between our two countries; and maintain stable and transparent engagement on the trade of energy products, while enhancing predictability and transparency regarding the investment environment. We also confirm our commitment to diversify energy sources, including through supporting the energy transition and investment and cooperation in energy efficiency.
We recognise our mutual energy security is deeply linked with that of our region and concur on the need for region-wide cooperation. In this regard, we highlight the importance of regional initiatives to strengthen energy resilience, such as Japan’s Partnership On Wide Energy and Resources Resilience (POWERR Asia) and initiatives under Invested: Australia’s Southeast Asia Economic Strategy to 2040.
We acknowledge the importance of energy resources for the resilience of countries in Southeast Asia and the Pacific. We will work together to support the continued supply of energy resources in the region.
Australia and Japan call on regional partners to keep global energy supply chains open, for the security and prosperity of all our people.