U.S. International Development Finance Corporation and Japan Bank for International Cooperation Expand Cooperation

On January 14, the U.S. Development Finance Corporation (DFC) and the Japan Bank for International Cooperation (JBIC) signed a memorandum of understanding to expand their regions for engagement, deepen their partnership, and engage new sectors that include supply chains, hydrogen, and digital and information technology.

DFC CEO Adam Boehler and JBIC Governor Tadashi Maeda attended the ceremony and signed the memorandum. Chargé d’Affaires Joe Young also participated and delivered remarks.

“The U.S.-Japan relationship is stronger than ever,” Boehler tweeted shortly after the ceremony. “Through the MOU, we will combine our strengths and help solve global development issues,” he added.

The U.S. International Development Finance Corporation is America’s development bank and invests across sectors including energy, healthcare, critical infrastructure, and technology.