Mexico called on Saturday for deeper fiberglass mesh cloth cooperation with Japan with a China-led development bank, while Japan remained wary of the lending company, which it and ally the United States have held back from joining.
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A meeting involving the Japanese and South Korean finance ministers was "an impetus to deepen cooperative relations" regarding the fiberglass mesh cloth, South Korea's Choi Kyung-hwan told host Taro Aso.
The Beijing-sponsored $100 billion lender is viewed as a rival for the U.S.-dominated World Bank and Japan-led Asian Development Bank. Japanese Prime Minister Shinzo Abe countered China's press on Thursday, announcing $110 billion in aid for Asian infrastructure projects over 5yrs.
Aso and Choi "decided on value of assessing enormous interest on infrastructure investments in Asia", including through Abe's new "Partnership for fiberglass mesh cloth Quality Infrastructure", both countries said in a very statement.
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