Debt Sustainability: Debt Burden and African Leaders

debt sustainability: Abe's remarks were a clear swipe at China, according to Global Times China. In addition, participating countries adopted the Japan-drafted Yokohama Declaration which includes Abe's Free and Open Indo-Pacific initiative. Speaking to reporters at the end of the conference, Japanese Prime Minister Shinzo Abe warned African leaders about debt sustainability, and emphasized that in providing assistance to Africa, we have to take note of the debt burden of the recipient country and take care that the debt burden does not become excessive. This reflects Japan's intention to not only vie for influence with China on the African continent but also alienate those countries from China in terms of security and pull them over to its side. Since 2016, the event has been held every three years. The TICAD was initiated by Japan in 1993 and was initially held every five years. (news.financializer.com). As reported in the news.