Japan, Taiwan Reportedly Eye Trade Pact by Year-End

Japan and Taiwan could finalize a new trade agreement by the end of the year, according to a report by Nikkei Asia. Insider sources cited in the report say Tokyo and Taipei are discussing a broad economic framework modeled on a partnership Taiwan signed with the UK in 2023. The proposed agreement would focus on economic resilience and strategic industries, including semiconductors and drones. According to the report, both sides aim to minimize political sensitivity as they anticipate possible backlash from China. Officials in Tokyo and Taipei have declined to comment on the reported talks. Taiwan Premier Cho Jung-tai said the two sides are communicating on a range of issues.