A renewed Anglo-Japanese alliance links NATO to the Pacific

What if the Anglo-Japanese Alliance had been reformed in 1962?

It would strengthen Pacific-Western security links and economic cooperation, while helping Britain retain a different kind of east-of-Suez presence.

Neither partner is the dominant power of the alliance's early-twentieth-century form, so the 1962 pact would operate inside a larger Western security system. Britain and Japan gain the most direct benefit, while Australia, New Zealand, and Singapore receive another link between European and Pacific defence. The relationship could help sustain a revised British presence east of Suez through closer military and economic ties. Japan might also join an expanded regional five-power arrangement. Closer political ties might encourage Japanese industrial investment in Britain.