BEIJING, Oct. 15, 2026 /PRNewswire/ -- The 7th Belt and Road Initiative Tax Administration Cooperation Forum (BRITACOF) kicked off on Tuesday in Jakarta, Indonesia.
Themed "Smart Taxation, Shared Prosperity", this forum brought together over 300 participants, including heads of tax administrations from nearly 40 countries and regions, representatives from eight international organizations, and delegates from Chinese and foreign multinational enterprises.
During the three-day event hosted by the Directorate General of Taxes of Indonesia, participants will discuss topics such as tax administration digitalization, taxpayer service facilitation, and coordinated capacity building. A tax dialogue among businesses will also be held to discuss taxpayer service improvements.
The event will witness the release of the Tax Administration Product Portfolio (TAPP) 2.0, the Taxpayer Service Product Portfolio (TSPP) 2.0, and the 2026 Compilation of the Belt and Road Initiative Tax Administration and Taxpayer Service Product Portfolio. It will also update the courses of the Belt and Road Initiative Tax Administration Capacity Enhancement Group and publish the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM) Annual Report (2026).
These deliverables, by pooling advanced practices and typical cases, will promote alignment of tax administration rules and mutual recognition of standards of Belt and Road partner countries, thus providing comprehensive toolkits and practical models for the participants to enhance their tax governance capacity and optimize tax-related business environment.
The BRITACOM was initiated and established by China in April 2019. It currently has 38 members and 30 observers, making it a significant multilateral tax cooperation platform under the Belt and Road Initiative.
Since the inception of the BRITACOM, a series of consensuses has been reached, and steady progress has been made in boosting tax certainty, advancing digital transformation of tax administration, improving tax-related business environment and strengthening tax administration capacity building.
The previous six editions of the BRITACOF were held in China, Kazakhstan (online), Algeria, Georgia, China's Hong Kong Special Administrative Region, and Nepal, respectively.
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Xinhua Silk Road: Forum held in Jakarta to boost Belt and Road tax administration cooperation
The airline's debut financing in Japan, structured as a Japanese Operating Lease with Call Option, covers three Boeing 787-9 Dreamliner aircraft
DOHA, Qatar, Oct. 15, 2026 /PRNewswire/ -- Qatar Airways Group has marked a major milestone in aircraft financing with the signing of its inaugural Japanese Operating Lease with Call Option (JOLCO) transaction, covering three Boeing 787-9 Dreamliner aircraft. HSBC and JP Lease Products & Services Co., Ltd. (JLPS) were integral partners in the financing, with HSBC acting as debt arranger and sole lender, and JLPS underwriting and arranging the JOLCO equity.
The signing marks the first of three transactions planned under Qatar Airways Group's inaugural JOLCO programme in Japan, supporting a total of seven aircraft. JLPS is serving as equity arranger across the programme. The transaction establishes the Group's presence in the Japanese aircraft financing market and further strengthens its financial partnerships across Asia.
The transaction represents more than a financing milestone. Qatar Airways Group's entry into the Japanese JOLCO market demonstrates confidence in the airline from a highly selective investor community that supports top-tier airline credits. This first-of-its-kind agreement represents the Group's financial strength, credibility, and ability to attract diversified sources of international capital, and sets a positive precedent for the wider investment community.
Qatar Airways Group Chief Executive Officer, Hamad Al-Khater, said: "We view the JOLCO market as a strategic long-term funding source and expect to maintain a consistent presence as we finance future fleet investments and growth opportunities."
"This transaction provides Qatar Airways with an important foothold in the Japanese financing market, offering access to a deep pool of capital on extremely attractive financial terms. It further diversifies our funding sources, broadens our investor base, and positions the Group to support its future aircraft financing requirements efficiently and competitively."
JP Lease Products & Services Co., Ltd. President and Chief Executive Officer, Teiji Ishikawa, said: "Japanese investors look first at the credit of the airline. Qatar Airways is a strong credit, and investors in Japan welcome this transaction. We are very pleased to have arranged the equity for the airline's first JOLCO. We do not see this as a single transaction. It is the start of a long-term programme, and we will continue to support Qatar Airways in the Japanese market for many years to come."
HSBC Qatar Chief Executive Officer, Abdul Hakeem Mostafawi, said: "Building on HSBC's longstanding strategic partnership with Qatar Airways Group, HSBC is pleased to support Qatar Airways Group's inaugural JOLCO. Our role as debt arranger and sole lender in this transaction demonstrates our sector expertise and ability to deliver tailored solutions that support fleet expansion, diversify funding sources, and connect leading airlines with global capital."
As Qatar Airways Group continues to expand its fleet and network, it remains focused on diversifying its funding sources and building long-term relationships with financial institutions and investors in Japan and beyond.
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Qatar Airways Group Signs Inaugural Japanese Financing Agreement with Partners HSBC and JP Lease
