welcome
CNBC

CNBC

US Politics

US Politics

Japan and Brazil vow to bolster strategic ties as security and trade worries rise

CNBC
Summary
Nutrition label

82% Informative

Japan and Brazil agreed to establish a framework for foreign policy and defense exchanges.

The two sides agreed to a five-year action plan that covers exchanges in the area of political and economic dialogue, as well as climate issues.

Japan aims to increase its defense spending to 2% of GDP by 2027 , which has traditionally been capped at 1% .