Japan to Provide Indonesia with 50 B. Yen in Soft Loans


Jakarta, Oct. 20 (Jiji Press)--Japanese Prime Minister Yoshihide Suga on Tuesday announced a plan to provide Indonesia with soft loans worth 50 billion yen to support an economy hit by the coronavirus pandemic.

Suga conveyed the plan during talks with Indonesian President Joko Widodo in Bogor near Jakarta.

The two leaders agreed that Japan and Indonesia will start work on reopening their borders for business travel between the two countries.

Suga and Widodo also agreed to resume a meeting of the two countries' foreign and defense ministers, which last took place in 2015.

The leaders confirmed the two nations' continued cooperation to realize a free and open Indo-Pacific region in an apparent effort to counter China's advances in the East China Sea and the South China Sea.

[Copyright The Jiji Press, Ltd.]

Jiji Press