Govt Poised to Overhaul Development Assistance Charter

The Yomiuri Shimbun

Govt Poised to Overhaul Development Assistance Charter

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The Yomiuri Shimbun 16:40 JST, June 8, 2023 The governments new Development Cooperation Charter will include policies to address issues such as digitization and food and energy security in developing nations, as well as efforts to strengthen supply chains, it has been learned. The charter, which sets guidelines for the governments official development assistance (ODA), is set for its first revision in eight years. There has been some criticism among the Japanese public about the large amount of taxpayers money that goes toward aid for developing countries, amid the severe fiscal situation in Japan. The new charter will emphasize the benefits created by development assistance to Japanese society and the Japanese economy through the promotion of Japanese companies overseas, among other ways. Developing countries will be positioned as Japans equal partners in the charter, which will also state that Japan will take the initiative in promoting and implementing transparent and fair rules in light of Chinas strategy of plunging countries into a debt trap to gain the rights to use infrastructure, such as ports. Policies to tackle climate change and other challenges faced by developing countries, as well as the food crisis triggered by Russias invasion of Ukraine, will also feature in the charter, which is expected to be approved by the Cabinet soon. In the past, official development assistance was provided in response to a developing countrys request. Under the new charter, Japan will capitalize on its strengths and proactively offer aid project ideas to developing countries. After the Cabinet approves the charter, the Foreign Ministry will release a document on the offer-style-ODA with examples of specific aid projects related to social infrastructure development, medical care and education. JN ACCESS RANKING The Japan News / Weekly Edition Our weekly ePaper presents the most noteworthy recent topics in an exciting, readable fomat. Read more 2023 The Japan News - by The Yomiuri Shimbun