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In October 2020, Japan's Prime Minister, Suga Yoshihide, declared that by 2050 the country would aim to reduce greenhouse gas emissions to net zero and to realise a carbon-neutral, decarbonised society. In December, the Cabinet adopted the green growth strategy, an industrial policy aimed at generating a virtuous cycle of economic growth and environmental protection, together with the business community. A €15.4 billion fund is to be created, to promote ecological businesses and innovation to achieve ...

As part of its plan for recovery from the coronavirus pandemic, South Korea has launched its own Green New Deal. Announced in July 2020, this initiative will invest €54.3 billion mostly for enabling a shift to green infrastructure, low-carbon and decentralised energy, for spurring innovation in green industry and for creating 659 000 jobs. The plan will also support the commercial development of technology for large-scale carbon capture utilisation and storage (CCUS). In October 2020, South Korea's ...

Asia matters to Europe: home to the world's largest population and fastest-growing economies, Asia is a major trade partner of the EU. Recognising this, the EU has promoted the Asia-Europe Meeting (ASEM), established five strategic partnerships – including with the Association of South-East Asian Nations (ASEAN) – and negotiated or concluded free trade agreements with several Asian countries. In September 2018, the EU adopted a joint communication on 'Connecting Europe and Asia – Building blocks ...

The Indo-Pacific region houses the largest share of global GDP, the world's busiest trade routes, largest population and most powerful militaries. After having successfully worked side by side in coordinating the 2004 tsunami relief, in 2007 Australia, India, Japan and the US (the Quad, short for Quadrilateral Security Dialogue) held meetings with each other to discuss security-related issues, and their navies held a military exercise. Although the grouping ended its activities prematurely in 2008 ...

Japan is a constitutional monarchy, with a parliamentary system of government based on the separation of powers. The Emperor is the symbol of the state and does not hold political functions, only performing ceremonial duties. Nevertheless, he can play a relevant diplomatic role. With Emperor Naruhito's enthronement in 2019, following his father's abdication, Japan has entered the Reiwa (beautiful harmony) age. The 2001 administrative reform strengthened the Prime Minister's leadership in the cabinet ...

Japan's ageing society

Briefing 15-12-2020

Japan is aging fast. Its 'super-aged' society is the oldest in the world: 28.7 % of the population are 65 or older, with women forming the majority. The country is also home to a record 80 000 centenarians. By 2036, people aged 65 and over will represent a third of the population. Since 2011, the Japanese population has also been shrinking: it is a rare case of large country whose overall population is becoming smaller in prosperous and peaceful times. Japan's population is expected to drop from ...

EU-India: Cooperation on climate

Briefing 17-11-2020

The EU and India are respectively the third and the fourth largest emitters of atmosphere-warming greenhouse gases. Meanwhile, India's per-capita emissions are much lower than those of other major economies. India is acutely affected by climate change and is strongly dependent on coal as a source of primary energy. Nevertheless, it is now a leader in the promotion of renewable energy and has fixed ambitious targets in terms of electricity-generation capacity from renewables. Along these lines, Delhi ...

EU-India: Trade prospects

At a Glance 12-10-2020

The EU-India Summit held in July 2020 agreed to establish a regular high-level dialogue at ministerial level on bilateral trade and investment relations. In this way, the EU and India expressed a clear political will to work together to overcome issues that have hampered their trade relations in recent years and impeded advances towards a bilateral trade and investment agreement – where negotiations have been stalled since 2013 – and achievement of the potential of economic relations between the ...

A 'human-centric digitalisation to develop inclusive economies and societies' is the main concept behind the digital transformation of both the EU and India. During their July 2020 summit, the two agreed to promote global digitalisation standards characterised by 'safe and ethical deployment'. Their flagship initiatives – the EU digital single market and 'Digital India' – make them natural partners in the promotion of these global standards. Yet, if their ICT cooperation is to make sound progress ...

North Korea and South Korea have been on different paths since World War II. The North has remained isolated and poor, its regime inspired by Soviet structures, with a centrally planned economy. The South, meanwhile, after alternating periods of autocratic and democratic rule, made a clear choice at the end of the 1980s in favour of democracy and a market economy, a choice that has led the country to success in several sectors. North and South Korea are still technically at war, as the military conflict ...