Japan plans to have a $550 billion investment vehicle, an important pillar of the Japan-U.S. trade agreement, operate in a way that does not affect the exchange rate, Japan's chief trade negotiator Ryomasa Akasawa said on Wednesday. nbsp;
Akasawa said Japan would be cautious and avoid allowing the tool to devalue the yen, thereby increasing import costs and exacerbating inflation.
In terms of the allocation of US$550 billion, the United States does not care about the amount of loans, loan guarantees and investments, as long as it has funds when needed.
Akasawa expressed the hope that Japan's next government can implement the investment plan.
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