To TICAD closing Declaration adopted by China with “Debt trap” in mind 5:30 on August 30
The TICAD = African Development Conference will be closed on the 30th, after the three-day schedule, and the “Yokohama Declaration”, which the government aims to adopt, will expand financing with high transparency in view of the so-called “debt trap” by China. And the importance of financial management.
TICAD, held once every three years and celebrating for the seventh time, will be held in Yokohama with Prime Minister Abe and leaders from over 50 African countries participating in discussions on development support and strengthening economic relations. It will be over after 30 days and 3 days.
Prime Minister Abe said at the plenary meeting on the 29th that the debts of the African countries would be in excess of debt by China's huge loan, and the so-called “debt trap” was progressing. “Picking them up will prevent private companies from moving into Africa.”
The “Yokohama Declaration”, which the government aims to adopt as a result of the meeting, has a highly transparent loan to promote investment and business expansion in Africa with high economic potential and to support sustainable growth. And the importance of financial management is expected to be included.
In addition to the importance of “freedom of navigation” and “rules of law” in the Indo-Pacific region, in addition to the importance of China, which is strengthening marine advancement, it will clearly state the strengthening of maritime security cooperation with African countries. It seems that.