Japan’s Investment in $550 Billion US Fund Could Be More Than 2%

The rate of actual Japanese investment forming part of a $550 billion US fund could be higher than the 1-2% initially cited, Japan’s top negotiator Ryosei Akazawa said in a live television interview on Wednesday.

During the interview with TV Asahi, he pointed out that the US may not be able to get Japan’s investment unless they keep their promises, as he explained the details of the fund which forms a crucial pillar of the Japan-US trade deal agreed late July. Japan had said that the bulk of the $550 billion US fund will be loans and loan guarantees, with only 1% to 2% deployed as investment.