New Delhi. India and Japan announced on Monday the 8th for mutual cooperation, with the intention of enhancing economic and technological cooperation to establish and stabilize sustainable supply chains in the world amid global upheaval. signed a MoU. The decision was taken at a delegation-level bilateral meeting between Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida here at Hyderabad House.
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Contributed by Prime Minister Kishida @IndianExpress during his visit to India.“I am convinced that the unwavering trust and close cooperation between India and Japan as major democracies in Asia are the cornerstones of peace and prosperity in this region.” pic.twitter.com/rkHAKT4KiM
— Japanese Prime Minister’s Office (@JPN_PMO) March 20, 2023
Japan’s prime minister invited Modi to the G7 summit in May, and Modi expected to welcome Kishida again to the G20 summit in September. In a media statement, Modi said he had met with Kishida several times over the past year and felt his positive attitude and commitment to India-Japan relations each time. His visit today is therefore very beneficial in maintaining the momentum of our mutual cooperation.
Prime Minister Modi said India is the chair of the G20 this year and Japan is the chair of the G7. So this is a great time to work together on your own priorities and interests. I explained to Prime Minister Kishida in detail India’s priorities as the G20 Presidency today. Giving voice to global South priorities is a key pillar of the G20 Presidency. A culture that believes in ‘Vasudhaiva Kutumbakam’ believes in bringing everyone together and that is why we are taking this initiative.
Prime Minister Modi said the Japan-India Special Strategic Global Partnership is based on our shared democratic values and respect for the rule of law in the international arena. Strengthening this partnership is not only important for our two countries, but also promotes peace, prosperity and stability in the Indo-Pacific region. At today’s meeting, we confirmed the progress in bilateral relations.
The prime ministers said they exchanged views on defense equipment and technology cooperation, trade, health and digital partnerships. A fruitful discussion also took place on the importance of his chain of reliable supply in semiconductors and other critical technologies. Last year we set his 5 trillion Yen, or his 3.29 lakh target for Japanese investment in India over the next five years. It is gratifying to see that good progress has been made in this direction.
He said the India-Japan Industrial Competitiveness Partnership was established in 2019. This makes Indian industry more competitive in sectors such as logistics, food processing, SMEs, textile industry, machinery and steel. It is also traveling at high speed on the Mumbai-Ahmedabad High Speed Rail. We are also pleased to celebrate 2023 as the year of tourism exchange. For that reason, I chose the theme of “Connectivity between the Himalayas and Mt. Fuji.”
Prime Minister Modi said today that he has been invited by Prime Minister Kishida to the G7 summit to be held in Hiroshima in May. I am very grateful for this. A few months later, in September, he will have the opportunity to welcome Prime Minister Kishida to India for the G20 summit. It is my hope that this process of dialogue and contact will continue in this way, and that India-Japan relations will continue to reach new heights.
Also read: Japanese Prime Minister Fumio Kishida arrives in India and was welcomed in a unique way…focus on strategies for dealing with China
