Tokyo Stock Exchange (TSE) and the New York Stock Exchange (NYSE) announced a new agreement to support cross-border investment between the U.S. and Japan during Japanese Prime Minister Fumio Kishida’s visit to the NYSE.

The agreement focuses on three key areas; the development of investment products, marketing activities targeted at U.S. and Japanese investors, and the exchange of information on sustainability, digital technologies, market operations and other topics.

The NYSE and TSE have developed a cooperative relationship over decades, including the signing of an agreement on cooperation in February 2000 and the establishment of a strategic alliance in January 2007.

“Prime Minister Kishida’s participation in the signing of this agreement during his visit to the NYSE underscores the importance of our capital markets and the critical role that public companies play in the lives of the citizens of both nations.

 

We are excited to be expanding our relationship with the Tokyo Stock Exchange and look forward to working together for years to come,”

said Lynn Martin, NYSE President.

“In recent years, expectations for exchanges, which play a fundamental role in capital markets, have been increasing in the areas of sustainability and fintech.

 

Through this collaboration with the NYSE, Japan Exchange Group and TSE will continue to contribute to further development of the capital markets in both Japan and the U.S in their role as a fundamental capital market infrastructure,”

said Hiromi Yamaji, President & CEO, Tokyo Stock Exchange.