Peruvian President Alberto Fujimori asked Japan on Wednesday to provide $300 million in untied loans via the Export-Import Bank of Japan to help his nation's ailing financial institutions combat the region's financial crisis.
The president, here on a five-day official visit through Saturday, made the request during a meeting with Prime Minister Keizo Obuchi, a Foreign Ministry official said.
Obuchi expressed understanding and said that the government will consider dispatching a research mission to Peru to assess the situation, the official said. The visit marks the centennial anniversary of Japanese emigration to Peru.