US, Japan to Consider Projects That May Tap $550 Billion Fund

December 16, 2025, 11:28 PM UTC

The US and Japan are set to review energy projects as the potential debut investments in a landmark $550 billion joint fund that was a centerpiece of their trade deal, according to people familiar with the matter.

The first session of one panel that weighs potential investments is scheduled for Wednesday in Washington, Thursday morning Japan time, the people said. The consultation committee will look at a couple of energy projects at that time, they added on condition of anonymity to discuss matters not yet public.

That meeting is just one step in a broader process to approve projects that ...

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