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South Korea strengthens strategic partnership with Japan on business cooperation

South Korea’s Export-Import (Exim) bank has announced it is strengthening its strategic partnership with its Japanese counterpart, the Japan Bank for International Cooperation, on business cooperation. The two organizations discussed cooperation strategies to support businesses ventures in the global infrastructure market, business strategies in countries of interest, and partnership strategies in risk management. The two organizations also agreed to meet every year.

Press release – Korea Eximbank (in Korean)

Japan South Korea

Japan announces US$4 million support for reconstruction and peace-building in Iraq

The United Nations Human Settlements Programme (UN-Habitat) Iraq has announced that the government of Japan committed US$4 million in assistance for reconstruction and peace-building in Iraq.

According to UN-Habitat Iraq, more than 3.6 million people previously displaced due to conflict have returned to their home cities. However, due to the damage to houses and infrastructure caused by the conflict, many more displaced persons are prevented from returning to their homes.

Press release – UN-Habitat Iraq

Japan

OECD DAC data shows Japan’s total ODA in 2017 was US$18.5 billion, up 10%

According to the Development Assistance Committee (DAC) at the Organisation for Economic Co-operation and Development (OECD), Japan’s official development assistance (ODA) in 2017 increased 10% from the previous year, reaching US$18.5 billion. This places it third among the DAC member countries for gross ODA, after the US and Germany, and fourth in net ODA, after the US, Germany, and the UK. Net ODA as a share of Gross National Income (GNI) increased to 0.23% which places it 18th among the 29 member countries. The DAC average is 0.31%.

Press release – Ministry of Foreign Affairs (in Japanese)

Japan

Japan International Cooperation Agency (JICA) published Annual Evaluation Report 2017

The Japan International Cooperation Agency (JICA) published the annual evaluation report for the fiscal year 2017. This report provides information on current evaluation of activities, challenges, lessons learned from past experience, as well as summaries of evaluation results.

Publication - JICA (in Japanese)

Japan

Japan announces US$0.8 million to protect women and girls in Yemen

The Government of Japan has announced that it will provide US$0.78 million to the United Nations Population Fund (UNFPA). This funding is aimed at helping the UNFPA to protect women and girls from gender-based violence and to maintain their dignity in Yemen.

News article - Relief Web 

Japan

Japan announces ¥117 billion loan agreement to Myanmar

The Japanese Ministry of Foreign Affairs (MOFA) has announced that it will provide a ¥117 billion (US$1.1 billion) loan to Myanmar. 

The loan agreement includes four economic and social development projects:

  1. Agricultural Income Improvement Project, ¥30.5 billion (US$280 million)
  2. Project for the Development of Finance for Small and Medium-sized Enterprises (Phase 2), ¥14.9 billion (US$137 million)
  3. Housing Finance Development Project, ¥15 billion (US$138 million)
  4. Yangon-Mandalay Railway Improvement Project Phase II (I), ¥56,6 billion (US$520 million)

Press release – Japan International Cooperation Agency(JICA) (in Japanese)

Press release – Ministry of Foreign Affairs (in Japanese)

Japan

Global Health Innovative Technology (GHIT) announces US$123 million investment as a next strategic phase

The Global Health Innovative Technology (GHIT) has announced that it will invest ¥13.2 billion  (US$123 million) in their next strategic priorities. The new investments include: 

  • Investment in NTDs| Tackling some of the world’s most neglected diseases: Leishmaniasis and Chagas disease
  • Investment in Schistosomiasis| Stamping Out “Snail fever”
  • Investment in Malaria| Preventing Malaria parasites from weaponizing the human immune system
  • Investment in Tuberculosis| Countering the rise of drug-resistant Tuberculosis

Press-release – GHIT (in English)

Japan contributes US$4.5 million to UNMAS to help clear explosive hazards in Iraq

Japan has announced plans to provide US$4.5 million to the United Nations Mine Action Service (UNMAS), to target Iraq and expand the reach of the organization's hazard-clearing activities in liberated areas. This is part of a larger aim to promote the return of displaced peoples and the initiation of reconstruction activities. According to the ambassador of Japan in Iraq, the contribution is part of a comprehensive $100 million assistance package to Iraq.

News article - Relief Web

Japan

Japan announces grants totaling ¥16 billion to support infrastructure development in Myanmar

Japan has announced it will contribute ¥16 billion (US$144 million) to support the construction of a medical facility and a port in Myanmar, as well as support the development of delivery infrastructure, management, and maintenance.

This assistance will provide ¥8.7 billion (US$80 million) for Yangon’s new special hospital construction project, ¥6 billion (US$55.4 million) for the Mandalay Port development plan, and ¥1 billion (US$9.2 million) for equipment related to the maintenance and management of rail transport facilities.

Press release – Ministry of Foreign Affairs (in Japanese)

Japan