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Japan finmin says to boost regional financial ties at ASEAN+3 meeting

Japan’s Deputy Prime Minister and Finance Minister Taro Aso, wearing a protective face mask, delivers his policy speech at the opening of an ordinary session of the parliament in Tokyo, Japan January 18, 2021. REUTERS/Issei Kato/File Photo

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…

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