The U.S. and Japan are preparing to begin reviewing energy projects that could become the first investments under a landmark $550 billion joint fund that was a centerpiece of a trade agreement the countries reached in July.
The first meeting of a consultation panel tasked with weighing potential investments is scheduled for Wednesday in Washington, D.C., and is expected to focus on a small number of energy projects, according to people familiar with the matter who spoke on condition of anonymity because the discussions are not yet public.
The session marks an early step in a broader process for approving projects that could tap the fund.
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