On July 1, Prime Minister Narendra Modi and his Japanese counterpart Sanae Takaichi convened in New Delhi to unveil a series of transformative initiatives aimed at bolstering India-Japan relations. The summit yielded significant outcomes, including a declaration on economic security, a joint statement on cooperation in artificial intelligence, and a document to enhance engagement in the energy supply chain. Modi and Takaichi conducted a comprehensive review of the bilateral ties, focusing on areas such as trade and investment, economic security, energy, emerging technologies, defence, and people-to-people exchanges. Modi emphasized the complementary nature of the Indian and Japanese economies, citing similarities in cultural values and modern technology. He also highlighted the unbreakable mutual trust that underpins the relationship between the two nations. The two prime ministers announced a joint roadmap for economic security, which will strengthen supply chain resilience in strategic areas like semiconductors, quantum, and advanced materials. Furthermore, India and Japan have agreed to set up one thousand biogas and organic fertiliser plants in India through the India-Japan biogas Initiative, promoting sustainability, prosperity, and rural livelihoods. The exchange of key MoUs and agreements spanning economic security, clean energy, critical technologies, and research and development was also witnessed by both leaders. As India and Japan approach the 75th anniversary of the establishment of diplomatic relations in 2027, their cooperation continues to deepen across a wide range of sectors.
Image for illustration purposes only
📰 Source: Siasat Gulf