Arab Today, arab today china japan may help eu
Last Updated : GMT 00:19:05
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.

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
Arab Today, arab today Fadi Kataya explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Messi visit will contribute in tourism

GMT 14:04 2017 Friday ,24 February

Messi visit will contribute in tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Mental conflict endures

GMT 07:36 2017 Friday ,24 February

Mental conflict endures

GMT 21:36 2017 Wednesday ,22 February

Opec needs to prolong cuts to eliminate surplus

GMT 16:32 2017 Wednesday ,22 February

US Treasury chief tells IMF to monitor currencies

GMT 16:08 2017 Wednesday ,22 February

Qatari banks merger to rebalance financial sector

GMT 05:57 2017 Wednesday ,22 February

Britain risks clash with EU over RBS bailout

GMT 05:26 2017 Wednesday ,22 February

Singapore carbon tax would hit refiners, help renewables

GMT 05:18 2017 Wednesday ,22 February

Chinese PM: US should avoid ‘trade war,’

GMT 20:59 2017 Tuesday ,21 February

Economy good, but homes in German cities overpriced
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Wafaa Amer is happy for Sherihan’s return

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
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