S. Korea, Japan, China agree to create new financing facility against regional crises
May 3, 2024
South Korea, China and Japan agreed Friday to reinforce the regional financial safety net, along with members of the Association of Southeast Asian Nations, by launching a new financing facility program meant to extend greater support in case of a financial crisis, Seoul's finance ministry said. The agreement was made during a trilateral meeting of South Korea's Finance Minister Choi Sang-mok, Japan's Finance Minister Shunichi Suzuki and China's Finance Minister Liu Kun held