London Daily

Focus on the big picture.
Sunday, Jul 26, 2026

Rishi Sunak seeks closer ties with Japan ahead of G7 summit

Rishi Sunak seeks closer ties with Japan ahead of G7 summit

Rishi Sunak has agreed new defence and economic deals with Japan in a visit to Tokyo, ahead of the G7 summit in Hiroshima.

Speaking on board the JS Izumo aircraft carrier, the PM announced a partnership featuring closer UK-Japanese co-operation between armed forces, cyber-agencies and semiconductor companies.

He also said Japanese firms would be investing almost £18bn in the UK.

But Labour said foreign investment had plummeted under the Conservatives.

The government is emphasising it sees the region providing economic opportunity for the UK post-Brexit UK, as well as working with Japan and Australia to counter the strategic threat from China.

About £10bn of the investment is coming from trading and investment business conglomerate Marubeni and is earmarked for offshore wind and green hydrogen projects in Scotland and Wales.

Similarly, Sumitomo Corporation intends to inject £4bn in offshore wind projects off the Suffolk and Norfolk coastline.

The government said both the investments would further solidify "the UK's status as a clean energy pioneer" and would help the UK achieve its net zero target by 2030.

The announcement came as Mr Sunak hosted a reception in Tokyo highlighting the strength of the UK and Japan's economic relationship ahead of the UK joining the regional CPTPP trade bloc (the Comprehensive and Progressive Agreement for Trans-Pacific Partnership).

The government said Japan was the fifth largest investor in the UK, with trade in goods and services worth £27.7bn last year.

Mr Sunak said the new investment was a "massive vote of confidence in the UK's dynamic economy" from some of Japan's top firms.

"The sky's the limit for British and Japanese businesses and entrepreneurs."

Labour's shadow international trade secretary, Nick Thomas-Symonds, pointed to figures from the Office for Budget Responsibility which predicts exports are set to fall by 6.6% this year, equivalent to a £51bn hit to the UK.

Responding to the announcement about Japanese investment, he said the "devil will be in the detail".

Aside from energy, two of Japan's largest real estate companies, Mitsubishi Estate and Mitsui Fudosan, confirmed £3.5bn for affordable housing, office space and a life-science laboratory in London.

There is also investment travelling in the opposite direction - from UK businesses into Japan.

Octopus Energy is set to invest £1.5bn in the Asia-Pacific energy market by 2027, to "speed up the region's transition to a cleaner, smarter energy system", creating 1,000 jobs in the UK.

UK consultancy Mott MacDonald will help develop an offshore wind farm in western Japan which could power more than 175,000 homes with clean energy, the government added.

Separately Mr Sunak will commit to a partnership combining British expertise and Japanese materials to boost supply chains for semiconductors.

Mr Sunak and his wife Akshata Murty arriving in Hiroshima, following his visit to Tokyo


The silicon microchips, used to produce supercomputers and AI technology, are hugely important to modern economies and there has been concern about depending on China for their production.

The UK prime minister also pledged to deploy a naval battle fleet in the Indo-Pacific region by 2025.

After agreeing the Hiroshima Accord, Japanese Prime Minister Fumio Kishida, Mr Sunak will attend the G7 summit, where the focus is expected to be on economic security and the conflict in Ukraine.

During the gathering, Mr Sunak will hold bilateral talks with France's Emmanuel Macron and India's Narendra Modi.

Speaking on the plane to Tokyo, Mr Sunak said: "Prime Minister Kishida and I are closely aligned on the importance of protecting peace and security in the Indo-Pacific and defending our values, including free and fair trade.

"The Hiroshima Accord will see us step up co-operation between our armed forces, grow our economies together and develop our world-leading science and technology expertise."

The two men had dinner together at Mr Kishida's favourite restaurant on land once owned by his grandfather. Mr Sunak attended the meal wearing socks featuring Mr Kishida's sports club - the Hiroshima Toyo Carp baseball team.

During his visit to Hiroshima, Mr Sunak will plant a tree to remember the victims of the atomic bomb, which killed an estimated 140,000 of the city's 350,000 population in 1945.

Newsletter

Related Articles

0:00
0:00
Close
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
Autopsy Finds No Violence in Death of Epstein-Linked Model Scout
Indian Education Minister Resigns After Cockroach Youth Protests
California Desert Data-Centre Plan Stalls as Water and Power Disputes Mount
Northern Ireland Border Security Tightened After Military-Grade Explosive Interception
British Hospitality Sector Targets Summer Visitors Through Regional Promotions
England River Access Debate Intensifies After New Data Shows Limited Public Access
Royal Navy Strengthens Maritime Vigilance Amid Rising Security Concerns
UK Education Department Expands Mental Health Support for Young People Entering Work
UK Tourism Industry Launches Summer Campaigns to Boost Domestic Travel
North England Transport Plans Advance to Support Industrial Growth
Financial Markets Watch New Government’s Economic Strategy as Investors Assess Fiscal Risks
Royal Navy Continues Monitoring Russian Naval Activity Near UK Waters
UK Care Workers May Receive Immigration Exemptions Under Proposed Visa Changes
Health Secretary Yvette Cooper Begins Emergency Talks to Address NHS Staffing Shortages
UK Banks Launch High-Interest Savings Offers to Attract Household Deposits
North Sea Oil Drilling Projects Face Delays After Offshore Equipment Accident
Cairngorms Wildfire Highlights Growing Pressure on UK Emergency Services
UK Government Borrowing Plans Put Pressure on Ten-Year Gilt Markets
Royal Navy Aircraft Carrier HMS Prince of Wales Returns After NATO Northern Flank Mission
Metropolitan Police Opens Criminal Investigation Into Reform UK Political Donations
Scottish Government Requests Military Support as Cairngorms Wildfire Forces Emergency Response
Andy Burnham Takes Office as UK Prime Minister and Unveils New Cabinet Team
War, Youth Revolt and the Global Struggle for Control
War, Power and the Rising Price of Political Decisions
High Street Sales Suffer Sharpest Summer Decline in Five Years
Wales Approves Higher Taxes on Second Homes and Long-Term Empty Properties
Environment Agency Imposes Record £150 Million Penalty on Water Companies
UK Competition Watchdog Blocks U.S. Takeover of Cambridge Chip Designer
Scotland Unveils Land Reform Bill to Expand Renewable Energy Projects
Northern Ireland Secures £500 Million Technology Investment for Belfast Cybersecurity Hub
NHS Rolls Out AI Triage System Across Major Hospitals in England
UK Strengthens North Sea Naval Cooperation With European Allies
UK Chancellor Commits £7 Billion to Accelerate Manchester-Leeds Rail Link
Bank of England Signals Interest Rate Cuts After Inflation Falls Below Target
Badenoch Rejects Grant Shapps' Bid to Return as Conservative Candidate
BAE Chief Warns Britain Has Underestimated the Risk of War
Burnham Rules Out New Scottish Independence Referendum in First Talks With Swinney
UK Government Strengthens Northern Economic Agenda Through Manchester Headquarters and Regional Partnerships
United Kingdom Opens New Furness Peninsula Coastal Route Under King Charles the Third England Coast Path
England Reduces Business Costs for Hospitality Sector Through New Relief Package
United Kingdom Allocates Seven Point Three Million Pounds for Zero-Emission Aviation Research
United Kingdom Begins Restoration Works on Portishead Railway Line After Six Decades Without Passenger Services
United States Tariff Measures Create New Trade Challenges for United Kingdom and European Union Businesses
Prime Minister Andy Burnham Meets Scottish and Welsh Leaders to Promote Regional Growth Cooperation
United Kingdom Government Announces Twenty Percent Business Rates Cut for Pubs, Clubs, and Music Venues
Prime Minister Andy Burnham Opens Manchester Government Headquarters to Shift Decision-Making Away From Westminster
United Kingdom Defence Ministry Says Armed Forces Ready After Iran Accuses London Over US Military Strikes
United Kingdom Inflation Falls to Two Point Six Percent as Prime Minister Andy Burnham Gains Economic Breathing Room
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
×