Arab Today, arab today china japan may help eu
Last Updated : GMT 06:37:29
Arab Today, arab today
Arab Today, arab today

China, Japan may help EU

Arab Today, arab today

Arab Today, arab today China, Japan may help EU

Tokyo - Arabstoday

Japanese and Chinese finance ministers on Saturday agreed to cooperate over contributions to the International Monetary Fund amid efforts to help subdue Europe’s sovereign debt crisis. Japanese Finance Minister Jun Azumi and his Chinese counterpart Xie Xuren met in Tokyo as part of their regular dialogue, Jiji Press and Kyodo News reported. Azumi told reporters that the two countries would discuss further funding to strengthen the IMF’s financial bases so that the Washington-based multilateral lender can play a more active role in preventing Europe’s debt crisis from dragging down global economic growth. Azumi said that Japan and China have yet to decide on further financial contributions to the IMF. “Although a critical moment of the European issue has gone, we can never be optimistic,” Azumi told reporters, according to Jiji. After providing loans to help debt-wracked countries such as Greece, IMF chief Christine Lagarde has asked members to give the fund $500 billion extra for possible future bailouts. The issue is expected to be top of the agenda at a meeting of finance ministers from the Group of 20 on April 20. “As for contributions to the IMF, we agreed to high-level discussions until (the G-20 meeting in) Washington,” Japan’s Finance Minister Jun Azumi told reporters after meeting Chinese Finance Minister Xie Xuren, who was visiting Tokyo to exchange views on economic and financial conditions in both countries. G-20 finance officials and central bankers will meet in Washington on April 19-20. The IMF in January said it may need an increase of as much as $600 billion in lending capacity. The US has said it will offer no more financial support to the fund, but Japan and China have expressed a willingness to do so if Europe itself first takes more steps to deal with its problems. Azumi said last week that the deal was “a big step forward.” Japan and China agreed to coordinate their response to requests for additional IMF funding in February. The cooperation between Tokyo and Beijing underscores the close financial ties between Asia’s two biggest economies despite persistent tensions over a territorial dispute that have dogged their political relations. “Both ministers agreed to close cooperation between Japan and China under multilateral frameworks such as the G-20,” as well as regional frameworks such as Japan-China-Korea, the two countries said in a joint statement after Saturday’s finance ministers meeting.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china japan may help eu Arab Today, arab today china japan may help eu

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china japan may help eu Arab Today, arab today china japan may help eu

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday