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President Takehiko Nakao of the Asian Development Bank speaks after the bank's annual meeting in Yokohama, Japan, on May 7.
Economy

ADB seeks continued US engagement in the Asia-Pacific region

Lack of US permanent board director 'not really good,' says bank president

MIKHAIL FLORES, Nikkei staff writer | Japan

YOKOHAMA, Japan -- The Asian Development Bank has urged the U.S. to remain economically present in the Asia-Pacific region, amid protectionist noises from President Donald Trump.

"I hope that the U.S. would continue to be engaged in the Asia-Pacific region very closely, through ADB and other multilateral development banks," said the lender's president, Takehiko Nakao, on Sunday at the close of its annual meeting in Yokohama.

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