• Kyodo

  • SHARE

Foreign Minister Fumio Kishida conveyed to his Nepalese counterpart that Tokyo is ready to cosponsor a donors’ meeting with the Asian Development Bank to provide new assistance to quake-hit Nepal, ministry officials said.

The initiative is apparently part of an effort by Tokyo to compete with China as Beijing looks to increase its clout in international finance by establishing the Asian Infrastructure Investment Bank.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW