Première domovilisya pro bezpekovi y ekonomichni ugody Indii ta Yaponiya

• Modi and Takahashi agreed to sign a security and economic agreement.
• Stronger ties between the two countries are being developed in the context of the Ukraine war, metal energy, and the development of new initiatives.
• Trade between the two countries will grow to $27.5 billion in 2025/26, while Japanese investment in India will stand at $3.2 billion over the previous year.

After negotiations with New-Delhi, Japanese Prime Minister Narenda Modi and Japanese Prime Minister Shinzo Abe agreed that the two countries would sign a security and economic agreement.

Modi said that India and Japan will strengthen their maritime cooperation, and also increase security in the region. He added that Japan will also support the economic plan.

In particular, as announced, the parties will sign a contract for the construction of a ship. Modi also agreed to cooperate with other countries in the Indo-Pacific region, which will strengthen the stability of the region and create a new partnership with India.

According to the data, India’s trade with Japan is expected to reach $27.5 billion in 2025/26, while Japanese investment in India will be $3.2 billion over the previous year.

Takahashi’s plan is to strengthen ties between India and Japan through Quad. During the talks, both sides discussed the possibility of increasing cooperation in the Indo-Pacific region.

At the same time, it was noted that Japan’s defense cooperation with India could be expanded, and that the two countries would continue to develop cooperation in the areas of security and economics.

Tags: Economy/Middle East/Politics