Japan plans $10 bn Asia oil security plan
Tokyo: Japan said on Wednesday it would set up a financial framework worth about $10 billion to help Asian countries secure energy resources as the Middle East conflict has intensified competition to secure oil.The support, aimed at preventing knock-on effects on Japan's own supply chains, would be channelled mainly through state-backed financial institutions such as Japan Bank for International Cooperation (JBIC) and Nippon Export and Investment Insurance (NEXI).Also Read: Japan's Nikke...
Original Source
Read the full article at Economictimes →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.