Japan to End ODA for China
Tokyo, Oct. 23 (Jiji Press)--The Japanese government plans to end official development assistance for China, with a history of some 40 years, when new projects in the current fiscal year come to an end, informed sources said Tuesday.
Japanese Prime Minister Shinzo Abe will propose the termination and seek an agreement from China at a meeting with Chinese Premier Li Keqiang in Beijing on Friday, according to the sources.
The Japanese and Chinese governments are expected to consider the establishment of a dialogue framework in which the two countries will discuss assistance measures for infrastructure development in third countries, aiming to work together in support for developing countries.
At a news conference on Tuesday, Chief Cabinet Secretary Yoshihide Suga said Abe, during his visit to China this week, will exchange views with Chinese officials on future bilateral cooperation.
Japan started ODA projects for China in 1979. In the forms of low-interest yen loans, grant-in-aid and technical assistance, the Japanese government has provided the neighbor with a total of more than 3 trillion yen.
[Copyright The Jiji Press, Ltd.]