AGP Executive Report
Last update: 7 hours agoJapan-India Economic Security: PM Sanae Takaichi’s July 1–3 India visit is set to push a new economic security declaration, with priority areas including semiconductors, critical minerals (rare earths), clean energy, ICT and pharma—aimed at reducing exposure to China’s rare-earth and export curbs. Local-Currency Trade Talks: Japan and India are also discussing a yen–rupee settlement framework to enable more direct transactions and cut reliance on the US dollar, potentially landing in the summit joint statement. Education Policy: Japan’s education ministry is planning a “special curriculum” for students refusing to attend school, letting them review earlier grade material and learn via tailored in-person and online support starting around the 2030 school year. AI & Robotics Push: Japan is moving ahead with plans for a sovereign AI model and a target of 10 million AI robots by 2040, alongside efforts to tackle online scams with an “AI police” role. Space/Comms: SES and Sharp signed an MoU to develop medium Earth orbit satellite communications services in Japan for industrial and mobility use cases. Energy & Materials: German researchers reported a new 25.5% world-record efficiency for perovskite–CIGS tandem solar cells, with Japan’s AIST previously verified a 25.17% record. Market Backdrop: The yen slid to fresh 40-year lows, while Asian stocks tracked tech-led swings and investors watched US rates and jobs data.
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