Japan and Brazil will celebrate the 130th anniversary of the establishment of diplomatic relations this November. Over the years, both nations have built close cooperative relationships, deepening exchanges in various fields such as politics, economy, culture, and human resources, with the Japanese-descendant community—established since the early 20th century—playing a pivotal role. Economically, Japan and Brazil share a mutually complementary relationship, positioning them as strategically vital partners. The investment from Japan contributes to Brazilian economic and social development through job creation, industrial modernization and expansion of exports to third countries. Meanwhile, Brazil ensures Japan's food security by supplying a stable and diversified range of agricultural and livestock products, while also providing essential intermediate goods that support Japan's manufacturing sector and economic stability.

Strengthening the integration of the industrial chains of Japan and Brazil, while fostering neo-industrialization and joint research and development (R&D) cooperation, represents a strategic approach to building a more resilient and innovative economic partnership. By deepening industrial ties and integrating greater value into production processes, both countries can enhance their participation in global value chains, creating high-value-added goods and boosting economic diversification. This collaborative effort will not only enhance the efficiency, sustainability, and competitiveness of supply chains but also drive advancements in areas such as clean energy, digital transformation, and industrial automation.

In a world facing global challenges amidst deepening divisions and conflicts, Japan and Brazil, as major countries in Asia and South America and members of the G20, are expected to play leading roles in promoting global peace, stability, and sustainable development. A strengthened economic partnership will contribute to enhancing regional and international cooperation, reinforcing the importance of open markets, industrial competitiveness, and resilient trade networks.

Given this backdrop, the business communities of Japan and Brazil recognize the immediate challenges facing the global economy as opportunities — including energy transition, carbon neutrality, food security, and digital transformation - rather than obstacles. By leveraging the vast potential for collaboration, both countries can drive innovation, expand industrial capacity, and generate economic prosperity.

In order to raise the relationship between Japan and Brazil to the new stage, building upon the solid foundation laid by our predecessors, we strongly urge prompt action to establish the Japan-Mercosur Economic Partnership Agreement (EPA) as an institutional pillar for strengthening Japan-Brazil relations over the medium to long term. As stated in the Joint Recommendations Calling for Prompt Action to Establish Japan-Mercosur EPA, we call on the leaders of Japan and Brazil to demonstrate strong leadership toward promptly establishing a Japan-Mercosur EPA, particularly now as we mark the 130th anniversary of diplomatic relations.