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INTERNATIONAL > Western Hemisphere

Japan agrees to write off Cuba’s debt

  • September 21, 2016
  • , Asahi
  • JMH Summary

Most papers wrote that ahead of Prime Minister Abe’s visit to Cuba on Sept. 22, the governments of Japan and Cuba signed a deal on Monday for Japan to gradually write off 119.7 billion yen of Cuba’s debt, which is two-thirds of the nation’s total debt to Japan. Tokyo hopes the debt relief will help promote economic ties with Havana. Japan also hopes that Cuba, which has close relations with North Korea, will help resolve the abduction issue and stop the DPRK’s nuclear and missile development.

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