Leaders of the Association of Southeast Asian Nations and of Japan, China and South Korea confirmed economic and financial ties during their summit Monday despite growing territorial rows between Tokyo and its two neighboring countries.
In the so-called ASEAN Plus Three summit, the 13 nations shared the view that regional financial cooperation is making progress, citing the strengthening of the Chiang Mai Initiative Multilateralization scheme, which aims to address balance of payment and short-term liquidity difficulties in the region, Japanese officials said.
The leaders also agreed that they will work together to boost food security, the officials said.