Japan-Republic of Korea-United States Trilateral Ministerial Joint Press Statement

WASHINGTON – Today, we, the Finance Ministers of Japan, the Republic of Korea, and the United States held our first trilateral meeting in Washington, DC. Our discussion builds on our Trilateral Leaders’ Summit last August in Camp David, and affirms the importance of our relationship to our own economies and to the global economy.As leading global economies, we seek continued opportunity and prosperity for our peoples, the Indo-Pacific region, and the globe through open and fair economic practices. We will continue to cooperate to promote sustainable economic growth, financial stability, as well as orderly and well-functioning financial markets. We will also continue to consult closely on foreign exchange market developments in line with our existing G20 commitments, while acknowledging serious concerns of Japan and the Republic of Korea about the recent sharp depreciation of the Japanese yen and the Korean won.Together, we affirm our commitment to utilize and coordinate our respective sanctions tools to impose costs on Russia for