On June 3, Minister of Economy, Trade and Industry Ken Saito and European Commissioner for Energy Kadri Simson convened the High-Level Hydrogen Business Forum to enhance collaboration on hydrogen business and technology development. The discussion centered around the EU-Japan Memorandum of Cooperation on Hydrogen, aiming to advance carbon neutrality efforts and address economic vulnerabilities. Key points of agreement were established, emphasizing the need for coordinated efforts to ensure a level playing field and promote clean energy policies. Both parties recognized the significance of building resilient supply chains and supporting investment in renewable and low-carbon hydrogen. The Forum facilitated industrial cooperation discussions, finance measures, and research and development initiatives, with industry executives from Japan and the EU participating. Various cooperation agreements were signed to foster collaboration within the hydrogen sector, emphasizing business partnerships and safety advancements. Future plans include formulating a joint working plan to deepen cooperation, aligned with policy developments in Japan and the EU. This includes exchanging information on supporting schemes, standardization efforts, and regulatory requirements for the international trade of renewable and low carbon hydrogen.