# Japan-Latin America economic cooperation expansion > Live situation record from CLSTR: https://clstr.news/situations/japan-latin-america-economic-cooperation-expansion > Updated: 2026-08-24T23:06:00.000Z. Sources: 5. Developments: 2. Japan is expanding its economic cooperation with Latin America and the Caribbean through partnerships with the Inter-American Development Bank (IDB) and the Japan International Cooperation Agency (JICA). This collaboration aims to increase Japanese investment, technology, and expertise in the region while providing Japan with supply chain diversification in critical minerals, food, and energy. Efforts to strengthen these ties included the Japan-LAC Business Forum in Tokyo, which brought together approximately 1,000 participants and 400 companies. During the forum, officials from Argentina and Colombia engaged with Japanese authorities and corporations to discuss reform plans, productivity, and innovation. Specifically, Colombia is working to revitalize its Economic Partnership Agreement (EPA) with Japan. The expanded alliance between Japan and the IDB seeks to mobilize up to US$14 billion in financing for the Latin American and Caribbean regions. ## Timeline ### 2026-08-24: Japan-LAC Business Forum attracts Latin American investment efforts Representatives from Argentina and Colombia attended the Japan-LAC Business Forum in Tokyo to secure investments, technology, and strengthen economic partnerships with Japanese companies and institutions. 2 sources. https://clstr.news/cluster/japan-lac-business-forum-attracts-latin-american-investment-efforts ### 2026-08-24: Japan expands economic cooperation with Latin America and the Caribbean Japan is expanding economic cooperation with Latin America and the Caribbean, focusing on technology, disaster resilience, and supply chain security, with Colombia actively seeking new investments in Tokyo. 3 sources. https://clstr.news/cluster/japan-expands-economic-cooperation-with-latin-america-and-the-caribbean --- Cite as: Japan-Latin America economic cooperation expansion. CLSTR, https://clstr.news/situations/japan-latin-america-economic-cooperation-expansion