Tokyo, Sept. 16 (Jiji Press)–The finance ministers and central bank governors of Japan, China and South Korea will hold a teleconference on Friday to discuss economic measures to cope with the coronavirus pandemic.
The finance officials are expected to adopt a joint statement.
The talks will take place on the sidelines of the Asian Development Bank’s annual meeting, which will be held as a virtual event on Thursday and Friday.
On Friday, the three countries’ officials will also hold a meeting with their counterparts from Southeast Asia.
They will discuss using Asian currencies, including the yen and the yuan, in the Chiang Mai Initiative multilateral currency swap arrangement aimed at mutually supplying U.S. dollars in times of a financial crisis.
On Thursday, finance and health ministers from the Group of 20 major economies will hold a videoconference to discuss responses to the coronavirus and other infectious diseases.