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Significance
The blueprint, laid out at their April 26 summit, seeks to expand cooperation with developing countries in these sectors, particularly in regions where Chinese influence is growing.
Impacts
Like-minded powers such as Australia are likely to join US-Japan joint projects.
US-Japan cooperation will factor in each country’s attempts to realign their technology supply chains post-pandemic.
Ongoing restructuring of the US International Development Finance Corporation under Biden could delay US co-financing.
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2021
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