Untied Loans

Untied loans are intended to finance projects and the import of goods by developing countries, or for such countries to achieve equilibrium in their international balance of payments, or to stabilize their currencies. Loans are not conditional on investments or procurement of equipment and materials from Japan.

Capital procured from untied loans is used to: secure stable supplies of energy and mineral resources for Japan; promote business activities of Japanese companies; maintain and expand trade and direct investment from Japan; finance projects having significant effects on global environmental preservation; and finance projects maintaining order in international financing.

  1. Sustaining and expanding trade and direct investment from Japan;
  2. Helping secure access to stable supplies of energy and mineral resources;
  3. Promoting Japanese business activities;
  4. Exerting a favorable impact on the preservation of global environment; and
  5. Maintaining international financial order.