May 23, 2022

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India and Japan sign agreements after annual bilateral summit

According to All India Radio, Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida have held talks to improve economic and cultural ties between the two countries.

Kishita, who arrived in the Indian capital on a two-day visit, was welcomed at the airport by Railway and Information Technology Minister Ashwini Vaishnav.

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

The two countries maintain multilateral cooperation within the boundaries of their specialized global and strategic partnership.

Modi said Japan’s cooperation in India’s major projects such as the Mumbai-Ahmedabad high-speed rail was significant.

He noted the need for both India and Japan to understand the importance of a secure, reliable, predictable and sustainable energy supply and to achieve the goal of sustainable economic growth and climate change.

He noted that the Indo-Japanese partnership for clean energy would be a decisive step in this direction.

The Prime Minister was also pleased that Japan would raise its investment target to $ 42 billion over the next 5 years.

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

He noted that the two countries had expressed their views on Russia’s military action in Ukraine and called for a peaceful settlement under international law.

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

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

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This year marks the 70th anniversary of the establishment of bilateral diplomatic relations between the two countries.

The previous India-Japan summit was held in Tokyo in October 2018 because the Kovit-19 epidemic failed to hold meetings in 2020 and 2021.

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

acl / abm