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Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu ) signed on March 15 a Memorandum of Cooperation (MOC) with the United States Trade and Development Agency (USTDA).
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This MOC is intended to strengthen the cooperation between JBIC and USTDA, and to promote collaboration across a broad range of sectors, including infrastructure and energy, in regions across the Indo-Pacific and beyond. The governments of Japan and the U.S. regard these sectors as important from economic and strategic perspectives, and JBIC aims to further support projects in which Japanese and U.S. companies participate through the partnership with USTDA
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As a government agency of the U.S., USTDA supports infrastructure projects through technology assistance, feasibility studies, pilot projects, etc., in order to complement the economic development of emerging countries and others, support the export of U.S. goods and services, and advance the foreign policy interests of the U.S.
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At the Japan–U.S. Summit Meeting held in October 2025, the governments of Japan and the United States affirmed their intention to work closely together to advance their shared vision of a Free and Open Indo-Pacific. At the meeting, the two governments also strengthened cooperation across a wide range of fields, including the launch of the Japan–United States Framework For Securing the Supply of Critical Minerals and Rare Earths through Mining and Processing.
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Through this MOC, JBIC will support projects in various forms from the early stages of project development, in cooperation with USTDA, thereby contributing toward the identification and formation of further projects in the Indo-Pacific and other regions. In addition, this MOU has expanded its scope to newly include areas such as supply chain resilience, including critical minerals. Close cooperation between JBIC and USTDA in these fields is aligned with the policies of both governments.
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As Japan's policy-based financial institution, JBIC will continue to actively support the creation and promotion of business opportunities for Japanese companies and contribute toward the further development of economic relations between the two countries, by collaborating closely with such overseas government institutions.
