Resource-poor Japan relies heavily on oil from the Middle East, and Tokyo has tapped into its oil reserves to ease the stress on its economy.
In recent weeks, Japanese physicians have reported a lack of supplies, including gloves and have expressed fears that the energy crisis may soon affect the quality of patient care.
Takaichi on Wednesday pledged US$10 billion in financial support for Southeast Asian economies as the crisis threatens Tokyo’s procurement of vital medical equipment derived from oil.
Under the initiative, Japan will financially help Southeast Asian nations to strengthen their energy supply chain and procure crude and petroleum products.
Takaichi noted Japan relies on various supplies from Asia, including medical gloves used during surgeries.
Read the full article here
