U.S. Department of the Treasury and the Ministries of Economy, Trade, and Industry; and of Finance, of Japan, signed the Memorandum of Cooperation (MOC) on Strengthening Energy and Infrastructure Finance and Market Building.
Under this cooperative agreement the United States and Japan will work together to address regulatory, market, and legal barriers to private sector investment, and develop innovative solutions to deepen regional debt markets for energy and infrastructure projects; crowd in institutional investors; enhance liquefied natural gas and other commodity trading markets, and boost bilateral infrastructure investment between the United States and Japan.
The MOC supports the ongoing work of the Japan-United States Strategic Energy Partnership launched by President of USA and Prime Minister of Japan in November 2017, and furthers the goals of the Asia Enhancing Development, Growth Through Energy (Asia EDGE) initiative, and America Crece (The Americas Grow).