AsianFin -- Japanese Prime Minister Shigeru Ishiba has called on U.S. President Joe Biden to address concerns in both Japanese and American business circles regarding Nippon Steel's proposed acquisition of U.S. Steel.
Ishiba made the appeal during a virtual trilateral meeting with Biden and Philippine President Ferdinand Marcos Jr. on Monday. The discussion focused on economic security and maritime cooperation in the South China Sea, according to a spokesperson from Japan's Ministry of Foreign Affairs.
“Prime Minister Ishiba emphasized that collaboration among allies and like-minded nations is vital for building resilient supply chains. He highlighted the need for efforts that allow businesses to invest with confidence to strengthen economic security,” the spokesperson added.
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