Memorandum of Cooperation (MoC) establishing an Australia-Japan Finance Ministerial Dialogue

Australia and Japan have signed a Memorandum of Cooperation (MoC) to establish an annual Finance Ministerial Dialogue.

The Australian Treasurer, Dr Jim Chalmers, and Japan's Finance Minister, Satsuki Katayama, signed the MoC on 5 October 2026 at the inaugural Australia–Japan Finance Ministerial Dialogue in Tokyo.

What the MoC does

The MoC strengthens cooperation between Australia and Japan by setting up annual discussions on:

• economic outlooks, economic security to increase practical cooperation on issues such as fuel security, supply chains and economic policy
• investment cooperation in areas that support economic resilience and secure supply chains, including energy, fuel security, green industry, housing, critical minerals and digital infrastructure
• cooperation through multilateral institutions and in the Pacific on shared strategic priorities.

Why it matters

The MoC strengthens cooperation on economic security and supports closer international collaboration between Australia and Japan.

It will help promote a more stable and prosperous region.