US EditionJapan, India Agree on Closer Economic, Security Ties for Next Decade
Japan and India will boost Japanese investment in India to 10 trillion yen and increase personnel exchanges to 500,000 within five years, expanding economic and security ties.
- On Aug 29, Japanese Prime Minister Shigeru Ishiba and Indian Prime Minister Narendra Modi agreed in Tokyo on a 10-year joint vision to deepen economic and security ties, boosting Japanese investment to 10 trillion yen and personnel exchanges to 500,000 within five years.
- After US tariffs, leaders sought closer economic ties as Japan emphasised India's expanding role and market potential with over 1.4 billion people, while security concerns about China's behaviour pushed defence cooperation.
- The summit produced initiatives on technology and defence, establishing the Japan‑India Economic Security Initiative for semiconductors and strategic minerals and revising security ties to expand drills and joint research including cybersecurity.
- The leaders set out sectoral priorities for the decade, focusing on investment, innovation, economic security, environment, technology, and health, while agreeing on a joint credit mechanism for clean and green projects.
- A planned Miyagi trip underscores the semiconductor focus as Japanese companies have invested more than USD 40 billion in India amid risks to 70% of India's US exports.
21 Articles
21 Articles
Modi and Ishiba agreed to expand India and Japan's ties. Here's what they said
The two nations released a “joint vision” for cooperation for the next 10 years after Indian Prime Minister Narendra Modi and his Japanese counterpart Shigeru Ishiba held talks in Tokyo.
LancasterOnline
Independent EspañolTOKYO (AP) — The leaders of India and Japan agreed Friday to strengthen economic ties and increase cooperation in areas such as clean energy and defense, as the two Asian powers face common challenges such as rising…
Kyodo News+
The Straits TimesJapan, India agree on closer economic, security ties for next decade
Japanese Prime Minister Shigeru Ishiba and Indian Prime Minister Narendra Modi agreed on Friday to further bolster economic and security cooperation over the next decade, as Tokyo places greater emphasis on India's growing global role amid challenges.
Ottumwa Courier
The News-DispatchIndia's Modi agrees with Japan's Ishiba to boost economic ties and cooperation
The leaders of India and Japan have agreed to bolster economic ties while also boosting cooperation in areas including clean energy and defense, as the two Asian powers face common challenges such as China’s growing influence and U.S. tariffs. Indian…
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