Japan’s ODA White Paper highlights ties with ASEAN
A bridge was built using Japan's ODA fund.
(Source: Thediplomat.com)
(VOVworld) - Japan’s White Paper on Official Development Assistance (ODA) 2014, released on Friday highlighted the importance of the country’s cooperation with ASEAN to ensure national security. Accordingly, the Japanese Government continues to see ASEAN as an "extremely important market and place for investment for Japan" and notes that the distribution network for goods "underpinning the Japanese economy runs through the ASEAN region." The paper also states that "Achieving growth and stability in ASEAN has great significance as well to Japan's security when thinking about how the distribution network for goods underpinning the Japanese economy runs through the region." In its White Paper 2013, released in February 2014, Japan called on ODA reinforcement for Asia and Africa, stressing that supporting the ASEAN state members was an effective investment in the future and benefits both sides. In 2013, Japanese ODA stood at 22.53 billion USD, up 20.7 percent from a year ago, only ranking second behind the US.