Overseas Economic Cooperation Fund


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Overseas Economic Cooperation Fund

A former fund that was responsible for providing financing to encourage Japanese international trade. It ceased to exist in 1999 when it merged with the Export-Import Bank of Japan to form the Japanese Bank for International Cooperation.
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References in periodicals archive ?
The budget for bilateral loans is controlled by the Japanese Ministry of Finance and the implementation of the loans is undertaken by the Overseas Economic Cooperation Fund (OECF) in consultation with the Ministries of Foreign Affairs, Finance and International Trade and Industry and the Economic Planning Agency.
In 1996, under a P2.78 billion modernization project funded by Japan's Overseas Economic Cooperation Fund, Mactan-Cebu International Airport upgraded its terminal with facilities at par with world standards and regulations.
The Government of Pakistan has planned to execute the upgrading and rehabilitation of the Indus Highway (N-55) with funds partly provided by the Overseas Economic Cooperation Fund, Japan.
Shinozawa, 64, a former vice finance minister, became deputy governor of the JBIC in 1999 when it was created through merger of the Export-Import Bank of Japan and the Overseas Economic Cooperation Fund (OECF).
The officials said a mission was sent to Indonesia earlier this month by Japan's Overseas Economic Cooperation Fund to examine the proposed projects.
He said recognition overseas of the JBIC has just started to spread after its creation in October 1999 through merger of the Export-Import Bank of Japan and the Overseas Economic Cooperation Fund.
The JBIC, the product of last October's merger of the Export-Import Bank of Japan and the Overseas Economic Cooperation Fund, is Japan's main foreign aid agency.
The court determined that Nguyen Hoan Tuan kidnapped a 6-month-old son of an employee of the local office of Japan's Overseas Economic Cooperation Fund (OECF) from his parent's condominium in Hanoi last April.
The JBIC, created in October 1999 through a merger of the Export-Import Bank of Japan and the Overseas Economic Cooperation Fund, said it is the first such seminar the bank sponsored.
According to police, the man came to the home of Satoshi Sugimoto, an employee of the local office of the Overseas Economic Cooperation Fund (OECF), and gained entry from Sugimoto's maid, the only person at home then, by pretending to be an air-conditioner maintenance worker.

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