Sunday, April 14, 2024
Sunday, April 14, 2024
Home » Kishida Pledges $75 Bil. Investment in Indo-Pacific Region

Kishida Pledges $75 Bil. Investment in Indo-Pacific Region

by Jessie Chambers
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The PM told reporters that Japan intends to invite the leaders of eight non-G7 countries — Australia, Brazil, the Comoros, the Cook Islands, India, Indonesia, South Korea and Vietnam – to the upcoming G7 summit.

The Yomiuri Shimbun

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.

Source: Asia News

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