Japan will provide around $10 billion in financial support to Southeast Asian neighbors struggling with rising oil prices, Japanese Prime Minister Takaichi Sanae said yesterday at a regional forum. She called Japan and its neighbors “mutually dependent,” highlighting Tokyo’s reliance on them for products like medical supplies. The aid will be dispersed through Japanese financial institutions rather than a release of Japanese petroleum reserves. On Wednesday, at the same summit hosted by Japan, Philippine President Ferdinand Marcos Jr called on Asean to activate its fuel-sharing pact.
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Close enough, welcome back East Asian Co-Prosperity Sphere
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Japan will provide around $10 billion in financial support to Southeast Asian neighbors struggling with rising oil prices, Japanese Prime Minister Takaichi Sanae said yesterday at a regional forum. She called Japan and its neighbors “mutually dependent,” highlighting Tokyo’s reliance on them for products like medical supplies. The aid will be dispersed through Japanese financial institutions rather than a release of Japanese petroleum reserves. On Wednesday, at the same summit hosted by Japan, Philippine President Ferdinand Marcos Jr called on Asean to activate its fuel-sharing pact.
Close enough, welcome back East Asian Co-Prosperity Sphere