Japan lends us$1.5 billion to PDVSA
Japan will lend US$1.5 billion to the Venezuelan state-owned company, PDVSA, in return for supplies of three million barrels crude annually over a five-year period, a Japanese diplomat said last week.
Prime Minister Yoshihiko Noda will announce Wednesday that Japan will provide up to 20 billion yen in loans to Peru to help the South American country's economic development, officials in Tokyo said.