US International Development Finance Corporation and Japan Bank for International Cooperation expand cooperation

US International Development Finance Corporation and Japan Bank for International Cooperation expand cooperation

On January 14, the US Development Finance Corporation (DFC) and the Japan Bank for International Cooperation (JBIC) signed a memorandum of understanding to expand their regions to engagement, deepen their partnership, and engage new sectors that include chains supply, hydrogen and digital and computer technology.

DFC CEO Adam Boehler and JBIC Governor Tadashi Maeda attended the ceremony and signed the memorandum. Chargé d’affaires Joe Young also attended and delivered remarks.

“The US-Japan relationship is stronger than ever,” Boehler tweeted shortly after the ceremony. “Through the Memorandum of Understanding, we will combine our strengths and help solve global development challenges,” he added.

The US International Development Finance Corporation is America’s development bank and invests in sectors such as energy, health, critical infrastructure, and technology.

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