Nikkei wrote that when President Biden and Prime Minister Suga meet in Washington on April 16, they are likely to forge a consensus on helping developing nations in the Indo-Pacific region build robust social and economic infrastructures, including 5G networks and clean energy facilities, with the goal of countering China’s Belt and Road initiative. According to the paper, the two nations plan to create a set of guidelines for offering relevant assistance, such as procurement standards and facility maintenance rules for nations receiving support, so that their financial institutions and companies can move forward with high-quality infrastructure investment in partnership with local entities.
Japan, U.S. to boost infrastructure investment in Indo-Pacific
- April 6, 2021
- , Nikkei
- JMH Summary
- Suga Yoshihide, President Biden, China, Indo-Pacific