Japan will aim to strengthen regional financial cooperation with China, South Korea and ASEAN countries on May 3 when their financial leaders meet on the sidelines of the Asian Development Bank’s annual meetings, Finance Minister Taro Aso said.
Speaking to reporters after a cabinet meeting, Aso underscored the importance of strengthening regional financial ties given the COVID-19 crisis.
“We will discuss regional macroeconomic policy and responses to the situations we face as well as financial cooperation,” he said. “I will tell them it’s important to further strengthen multilateral financial cooperations such as the Chiang Mai Initiative.”
Aso made…