New Delhi: Japan has announced thatit will extend a emergency support loan of up to 50 billion yen (almost Rs 3,500 crore) to back India’s response to the Covid-19 crisis, including implementation of health and medical policies and development of hospitals equipped with ICUs.
Japanese ambassador Satoshi Suzuki, and CS Mohapatra, additional secretary in India’s department of economic affairs exchanged notes regarding the provision of the yen loan for the response to the Covid-19 emergency.
Meanwhile, US President Donald Trump has hailed Shinzo Abe as the ‘greatest’ Prime Minister in Japan’s history during a telephonic conversation between the two leaders.
Abe, 65, on Friday announced that he intends to step down because of poor health, his long-running battle with ulcerative colitis, ending a tenure as Japan’s longest-serving Prime Minister.