Japan and Australia have agreed to hold annual finance ministerial talks. A memorandum of cooperation was signed to establish this regular dialogue. The goal of these talks is to strengthen economic ties between the two countries.

Further details about the agreement and the expected outcomes of the talks are available from the source. The memorandum was signed on Monday, marking a new step in cooperation between Japan and Australia.

The launch of annual finance ministers' talks reflects the desire of both countries to deepen their economic relationship amid current uncertainty.