Toshiki Kaifu
Prime Minister Toshiki Kaifu signaled a broadening of Japan's interest in South Asia with his swing through the region in April 1990. In an address to the Indian parliament, Kaifu stressed the role of free markets and democracy in bringing about "a new international order," and he emphasized the need for a settlement of the Kashmir territorial dispute between India and Pakistan and for economic liberalization to attract foreign investment and promote dynamic growth. To India, which was very short of hard currency, Kaifu pledged a new concessional loan of ¥100 billion (about US$650 million) for the coming year.