Kishida Pledges $75 Bil. Investment in Indo-Pacific Region
20:29 JST, March 20, 2023
NEW DELHI — Prime Minister Fumio Kishida announced a new plan to promote a free and open Indo-Pacific in a speech delivered in New Delhi on Monday.
Kishida pledged to invest more than $75 billion (about ¥9.89 trillion) in infrastructure for the Indo-Pacific region by 2030, including private investments and yen loans.
He later told reporters that Japan intended to invite the leaders of eight non-G7 countries — Australia, Brazil, the Comoros, the Cook Islands, India, Indonesia, South Korea and Vietnam — to the summit of the Group of Seven industrial nations to be held in May in Hiroshima.
"Politics" POPULAR ARTICLE
-
China Conducts Naval Blockade Exercise in Miyako Strait; CCG Ships Near Senkaku Islands Given Stronger Weapons
-
New Developments Seen in China’s Maritime Expansion; Japanese Govt Official Urges Calm, Stout Response
-
U.S. Steel, Nippon Steel File 2 Lawsuits after Biden Blocks $14.9 Billion Deal
-
LDP Money Scandal Hits Tokyo Metropolitan Assembly; Ruling Party Worries Over Effect On Summer Elections
-
Japan to Again Propose Frigate Development With Indonesia; Seeks to Enhance Security Cooperation With East Asia Nations
JN ACCESS RANKING
- Indonesia Launches Free School Meal Program with Support from Japan; Ishiba Currying Favor with New President
- New Year’s Ceremony Held at Imperial Palace (UPDATE 1)
- Princess Kako Visits Imperial Palace on Her 30th Birthday
- Tire of Landing Gear of JAL Plane Goes Flat at Haneda; No Injuries Reported, but Runway Closed 25 Minutes
- Japan Allows 5 Countries to Renew Working Holiday Visas; Britain, Canada Among Eligible Countries