(VOVworld) – Japanese Prime Minister Shinzo Abe and Canadian Prime Minister Justin Trudeau agreed Tuesday on the need for financial stimulus packages to boost global growth ahead of a G7 summit meeting to be held in Mie province, central Japan in the next two days.

Canadian PM Justin Trudeau (L) shakes hands with Japanese PM Shinzo Abe at their joint news conference in Tokyo, Japan, May 24, 2016, ahead of the Ise-Shima G7 summit meetings. (Photo: Reuters/Toru Yamanaka)

At a joint press conference, Mr. Abe said the two sides have reached an agreement on key agenda for the G7 summit. The two leaders promised to step up efforts for an early ratification of the Trans-Pacific Partnership (TPP). Canada and Japan are among the 12 countries that signed the TPP in February. Abe and Trudeau supported the idea of improving bilateral economic ties through dialogue between the two countries’ vice foreign ministers, placing high priority on areas of infrastructure, energy, the business environment, tourism, student exchanges, and cooperation in science and technology.

Abe said the two sides shared “serious concerns about unilateral acts that escalate tensions” in the East Sea. They agreed to cooperate to secure free and safe waters based on the rule of law. Abe and Trudeau also agreed on the need for effective sanctions on North Korea to prevent it from further developing its nuclear missile capability.