New foreign aid charter signals much more active overseas role for Japan
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
JAPAN announced its intention on Tuesday to insert itself much more actively into the international development process by adopting a new Development Cooperation Charter that expands significantly the scope, if not directly, the size of Japanese foreign aid and links it to the recently adopted National Security Strategy.
The document revises Japan's former ODA (Official Development Assistance Charter) and allows the government to take a much broader view of foreign aid than in the past and to provide funds not only to poorer countries, but also to Asian and other middle-income nations requiring help with their development.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium