Japan Eyes Foreign Banks to Back $33 Billion U.S. Natural Gas Investment

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Japan plans to seek foreign bank backing for a $33 billion U.S. natural gas investment tied to a trade deal with the Trump administration. This financing aims to facilitate foreign currency funding for the investment initiative.

The Japanese government may approach foreign banks to help finance pledged investments in U.S. natural gas production that are part of Tokyo’s trade deal with the Trump administration, agreed last year. “If financing from foreign banks materialises, it should further facilitate the procurement of foreign-currency funding needed to implement the investment initiative,” the Japanese finance ministry said in an X post, as quoted by Reuters. The publication reported earlier this month that JP Morgan and other U.S. lenders were close…