July 1, 2022

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India and Japan sign agreements after annual bilateral summit

Prime Minister Narendra Modi and his Japanese counterpart Fumio Kishida held talks to boost economic and cultural ties between the two countries, All India Radio reported.

Kishida arrived in the Indian capital for a two-day visit and was greeted at the airport by Minister of Railways and Information Technology Ashwini Vaishnau.

During the summit, Modi and Kishida exchanged views on regional and global issues of common interest to strengthen the partnership for peace, stability and prosperity in the Indo-Pacific region and beyond.

The two countries maintain multifaceted cooperation within the scope of their global and special strategic partnership.

Modi said Japan’s cooperation on major Indian projects such as the Mumbai Ahmedabad High Speed ​​Rail is remarkable.

He noted that both India and Japan understand the importance of safe, reliable, predictable and stable energy supplies, as well as the necessity of achieving the goal of sustainable economic growth and addressing climate change.

He noted that the India-Japan partnership for clean energy would be a crucial step in this direction.

The Prime Minister also expressed his happiness that Japan will increase its investment target to $42 billion in the next five years.

In his statement, Kishida said it is very important to maintain close cooperation.

He noted that the two countries expressed their views on the Russian military operation in Ukraine, stressing a peaceful solution based on international law.

Modi and Kishida addressed the India-Japan Economic Forum in order to realize the potential of the economic partnership.

This is the second personal meeting between prime ministers, after last year’s meeting on the sidelines of the Glasgow Climate Summit.

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This year, the two countries celebrate the 70th anniversary of the establishment of bilateral diplomatic relations.

The previous Indo-Japanese summit was held in Tokyo in October 2018, as the meeting could not be held in 2020 and 2021 due to the Covid-19 pandemic.

The Japanese Prime Minister is scheduled to leave India on Sunday morning for Cambodia.

acl / abm