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International relations

US, Japan and Australia team on financing Indo-Pacific infrastructure

Trio to support energy and communications projects with loans and credit guarantees

Building such infrastructure as LNG terminals would be financed under the arrangement.   © Reuters

TOKYO -- Government finance agencies from the U.S., Japan and Australia will agree Monday on providing joint financing for infrastructure in Asia, part of three-way national cooperation on projects in the Indo-Pacific Region.

America's Overseas Private Investment Corp., the Japan Bank for International Cooperation, and Australia's Export Finance and Insurance Corp. will work together to support such energy projects as liquefied natural gas terminals, as well as infrastructure like undersea cables that has national security implications.

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