Prime Minister Shigeru Ishiba and Ecuadorian President Daniel Noboa agreed Thursday to deepen their nations’ financial relations.

In a gathering on the prime minister’s workplace in Tokyo, Ishiba mentioned that Ecuador is “a companion that shares values and ideas” with Japan. He expressed Japan’s intention to cooperate within the areas of public safety measures, catastrophe prevention and renewable power.

Since Ecuador produces oil and pure fuel, Ishiba sought cooperation to make sure steady power provides, whereas calling for the creation of enterprise situations that make it simpler for Japanese corporations to speculate.

Noboa mentioned that his nation goals to work with Japan as a companion past financial and commerce relations.

The 2 leaders additionally signed a memorandum on cooperation between their nations’ commerce promotion establishments.