Abe announces fresh ¥55 billion aid package for Pacific island nations

IWAKI, FUKUSHIMA PREF. – Prime Minister Shinzo Abe announced at a Pacific island summit on Saturday a fresh aid package worth more than ¥55 billion over the next three years to help such nations deal with the impact of global warming and natural disasters.

Japan’s pledge to improve the islands’ resiliency at the two-day meeting in Iwaki, Fukushima Prefecture, not only reflects its desire to cooperate with the resource-rich region over fisheries and maritime issues but also comes amid an increase in China’s maritime assertiveness and economic clout there.

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Source: Japan Times