Toward the Reconstruction of the Free and Open International Economic Order

I Recognition of the Current Situation: Fears of a Shift to a Bloc Economy

II Direction the Global Community Should Pursue: Maintaining and Promoting Free Trade and Investment

1. Maintaining and Promoting Free Trade and Investment
2. Ensuring Security
3. Pursuing Sustainability
4. Ensuring Regulatory Coherence of Domestic Standards
5. Addressing Digitalizing Economy

III Japan's Role: Towards the G7 Hiroshima Summit

1. Maintaining and Promoting Inclusive Free Trade and Investment
2. Ensuring a Balance between Security and Free Trade and Investment
3. Ensuring a Balance between Tackling Climate Change and Free Trade and Investment
4. Ensuring International Interoperability of Domestic Standards
5. Realizing Data Free Flow with Trust (DFFT)

IV Strategies Japan Should Adopt

1. Launch of a Trade and Investment Framework with the G7 Members at its Core
2. Expanding and Enhancing Economic Partnership Networks
3. Securing a Stable Supply of Energy and Food
4. Establishing Rules for DFFT

Annex

I Expanding and Enhancing Economic Partnership Networks

1. Promoting High-Level Trade and Investment
   1. (1) The United States' Return to the TPP
   2. (2) CPTPP Accession
   3. (3) Effective Use of the Japan-EU EPA Chapter on Regulatory Cooperation
2. Early Conclusion of EPAs Currently under Negotiation
   1. (1) Japan-Turkey EPA
   2. (2) Japan-Colombia EPA
3. Launch of Negotiations
   1. (1) Launching EPA Negotiations with Israel
   2. (2) Launching EPA Negotiations with Bangladesh
   3. (3) Indo-Pacific Economic Framework (IPEF)
4. Securing a Stable Supply of Energy and Food
   1. (1) Launching EPA Negotiations with Mercosur
   2. (2) Resumption of Japan-Gulf Cooperation Council (GCC) FTA Negotiations
   3. (3) Strengthening Cooperation with Indonesia by Reviewing the EPA
   4. (4) Conclusion of EPAs and Investment Treaties with African Countries
5. Other

II Establishment of Rules for DFFT

1. IPEF
2. Japan-US Digital Trade Agreement