Friday March 30, 9:35 PM
India tops other nations as recipient of Japan's FY 2006 yen loans
(Kyodo) _ Japan provided India a total of 184.8 billion yen in credit in fiscal 2006, making India the biggest recipient of Japanese official development assistance in the form of low-interest loans, the Foreign Ministry said Friday.
India was followed by Indonesia, Vietnam and Iraq, as large recipients of yen loans on a contract basis in fiscal 2006 ending Saturday.kyodo
Interesting, in that it shows the strategy of Japan.