BRUSSELS–The European Union and Japan signed an infrastructure deal on Sept. 27 to coordinate transport, energy and digital projects linking Europe and Asia, seeking an alternative to Chinese largesse that has raised suspicion in Brussels and Tokyo.
The accord, signed by Japanese Prime Minister Shinzo Abe and European Commission President Jean-Claude Juncker, formalizes Japan’s involvement in a new EU-Asia “connectivity” plan that is set to be backed by a 60 billion euro ($65.48 billion) EU guarantee fund, development banks and private investors.
