WASHINGTON – Yesterday, Secretary of the Treasury Scott K.H. Bessent met with Asian Development Bank (ADB) President Masato Kanda. In the context of President Trump’s America First economic agenda, the Secretary reaffirmed the United States’ commitment to working with all allies and partners towards a fairer international economic system.
During their meeting, Secretary Bessent urged President Kanda to take concrete steps towards putting China on a clear path to graduation from ADB borrowing and emphasized the value of the Bank’s work on procurement practices based on best value. Secretary Bessent also noted the importance of an all-of-the-above energy strategy to effective development financing and was glad to exchange views with President Kanda on civilian nuclear energy.
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