A U.S.-Japan security treaty covers the disputed islands in the East China Sea claimed by both Tokyo and Beijing, U.S. President Barack Obama said during an official state visit to Tokyo on Thursday.
Japan and China, Asia’s two big economies, are in dispute in the East China Sea over islands, Japan refers to as Senkaku and China calls Diaoyu. At a joint news conference with Japan’s Prime Minister, Obama said the U.S.’s treaty commitment to Japan is “absolute.”
Obama’s visit to Tokyo marks the first official state visit to Japan by a U.S. President in 18 years and is the first stop on a four-nation Asia tour that includes South Korea, Malaysia and the Philippines.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.