Japanese Prime Minister Shinzo Abe (R) and his Malaysian counterpart Mahathir Mohamad (Source: nst.com.my)
 
Hanoi (VNA) – Japanese Prime Minister Shinzo Abe and his Malaysian counterpart Mahathir Mohamad discussed ways to help Malaysia address its huge debts during talks in Tokyo on November 6. 

The visit took place just days after Kuala Lumpur said Tokyo has plans to help Malaysia issue yen-denominated bonds next year, as part of efforts to tackle its fiscal problem. 

The two leaders also discussing challenges in the region, including Korean denuclearisation and the East Sea issue, as well as the possibility of bilateral cooperation in education and human resources development. 

Malaysian Ambassador to Japan Ahmad Izlan Idris said the two PMs talked about Japan’s plan to buy bonds worth 1.77 billion USD issued by the Malaysian Government, the goal to develop a third Malaysian auto firm and the Look East policy. 

Talking to the media following the talks, Abe said Japan will consider Malaysia’s request for loans to invest in transportation, education, and human resources development projects. 

A group of experts will be sent to Malaysia later this month to consider the plan. 

Mahathir is on a three-day Japan visit, starting from November 5. It is the third time he has visited Japan since he became government leader for a second term in May.  His two previous visits took place in June and August this year. –VNA