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The Future of Asia 2018

Abe pledges $50bn for infrastructure in Indo-Pacific

Japanese leader says North Korea solution must include missiles and abductions

Japanese Prime Minister Shinzo Abe speaks at a dinner for the Future of Asia conference in Tokyo on Monday. He emphasized the need for a denuclearized Korean Peninsula. (Photo by Maho Obata)

TOKYO -- Japanese Prime Minister Shinzo Abe on Monday announced plans to establish a $50 billion fund to boost infrastructure investment in Asia.

Speaking at a dinner at the 24th International Conference on the Future of Asia, which is hosted by Nikkei, Abe said the funds will be available over the next three years. It is part of his strategy to strengthen cooperation in the Indo-Pacific region.

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