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Uzbekistan 11/11/2012 Japan pledges US$700m to Central Asian states
Japan pledges US$700m to Central Asian states
Tashkent, Uzbekistan (UzDaily.com) -- Japan pledged to launch projects worth US$$700 million in Central Asia to help the resource-rich region promote trade, energy-saving and regional cooperation in stabilising nearby Afghanistan. This was announced after the Fourth foreign ministers’ meeting in Tokyo within the framework of the “Central Asia-Japan” Dialogue in Tokyo.

The meeting was attended by foreign ministers from Japan and five Central Asian nations -- Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

Japanese Foreign Minister Koichiro Gemba said: “We had frank discussions to help build a stronger, richer and more open Central Asia.”

According to a joint statement, the projects will cover five areas -- trade investment, environment and energy-saving, narrowing the wealth gap, regional cooperation in stabilising Afghanistan and cooperation in disaster prevention.

"Promoting cooperation between Japan and Central Asia will contribute to help sustain peace and stability in Afghanistan and resolve problems in the international community," said Gemba in an opening speech at the meeting.

Japanese Prime Minister Yoshihiko Noda told the visiting ministers on Friday: "I place importance on Central Asia which is placed in a geopolitically important position and rich in resources and energy."

Tokyo wants Japanese firms to play a greater role in the mineral business in the region, which has ample reserves of crude oil, natural gas, uranium and other natural resources, media reports said.

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