Japan and Britain are planning an offshore wind collaboration, with their premiers to exchange an energy memorandum covering next-generation nuclear and fusion technology, Kyodo reported Thursday, citing government sources.
Sanae Takaichi and Keir Starmer are expected to issue a joint statement on economic security, expressing concerns over coercive practices such as critical mineral export controls, the news daily said.
Sunday's summit in London, their first since January, comes as European nations advance large-scale North Sea wind projects, the report said.
Resource-poor Japan, heavily dependent on Middle Eastern oil, seeks to diversify energy sources amid rising regional tensions following the U.S.-Israeli war with Iran, the publication said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)