Exchange of Notes for Non-Project Grant Aid between FSM and Japan
November 10, 2014
The project in the amount of one hundred million Japanese yen will be utilized to purchase the products to support and facilitate the FSM’s efforts to improve socioeconomic development while it also aims to enhance recognition of Japanese products made by medium and small sized companies so as to promote business opportunities from Japanese investors. This ceremony marks the fourth Non-Project Grant Aid the FSM government has received from Japan.
Japan has been providing assistance to countries in the region including FSM as a good partner. The project is expected to promote FSM’s stability and prosperity.