Japan will invest ₹ 3.2 trillion in India over the next five years: PM Modi

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Japan PM Kishida with Prime Minister Modi

Delhi: Prime Minister Narendra Modi (Narendra Modi) He was in Japan (Saturday) in Delhi.Japan) Prime Minister Fumio Kishida (Fumio Kishida) He held bilateral talks with them. The Prime Minister’s Office mentioned the two leaders mentioned methods to extend financial and cultural ties between the two international locations. PM Modi and Kishida 14th Indo-Japan Annual SummitHas participated in. “Prime Minister Narendra Modi throughout his final summit in October 2018 referred to as the progress in our relationships ‘limitless’. “The summit today is an opportunity to review and strengthen our special strategy and global partnership,” Foreign Ministry spokesman Arindam Bagchi tweeted. Progress, Prosperity and Partnership are the foundation of India-Japan relations. “We are committed to providing all possible support to Japanese companies in India,” Prime Minister Modi mentioned. Prime Minister Narendra Modi and Japanese PM Fumio Kishida have exchanged memorandums of understanding between India and Japan. Agreements have been signed in the areas of cyber safety, capability constructing, data sharing and cooperation. Progress in Indo-Japan Economic Partnership. Japan is considered one of the largest buyers in India. Modi mentioned India and Japan have been working as a ‘team-one mission’ in the Mumbai-Ahmedabad excessive velocity rail hall. In the next five years, Japan will invest 5 trillion yen ($ 3.2 trillion) in India, he mentioned.

PM Kishida is an outdated buddy of India. “I had the opportunity to exchange views with him when he was the Foreign Minister of Japan,” Prime Minister Narendra Modi mentioned in a press launch after the 14th India-Japan Annual Summit. India and Japan perceive the significance of protected, dependable, predictable and sustainable vitality provide. Modi mentioned this was important for attaining sustainable financial development and combating local weather change.

Both our international locations should improve their efforts for a free Indo-Pacific. Japan, like India, is attempting to finish the battle in Ukraine and will proceed to help Ukraine and its neighboring international locations, Japanese PM Fumio Kishida mentioned. The entire world is in hassle right now because of many issues. It is important that India and Japan have shut partnerships. We expressed our views and talked about Russia’s severe invasion of Ukraine. We want a peaceable resolution based mostly on worldwide legislation. We will have the next India-Japan talks as quickly as doable. We welcome the Cooperation Agreement on Cyber ​​Security. India is the most vital associate for Japan. “I will invite Prime Minister Narendra Modi to the Quad Summit in Tokyo,” Kishida mentioned.

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