India and Japan today signed six agreements in the areas including cyber security, wastewater management and clean energy after the 14th India-Japan Annual Summit in New Delhi today.
Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida held productive talks and discussed ways to boost economic and cultural linkages between the two countries.
Mr Modi and Mr Kishida also held delegation-level talks. They also exchanged views on regional and global issues of mutual interest so as to advance the Partnership for peace, stability and prosperity in the Indo-Pacific region and beyond.
India and Japan have multi-faceted cooperation within the ambit of their Special Strategic and Global Partnership. After the annual summit, both the leaders signed a joint statement.
In his press statement, Prime Minister Narendra Modi said, today India presents limitless possibilities for Make in India for the world. He said, in this context, Japanese companies have been our brand ambassadors for a long time.
Mr Modi said, Japan’s cooperation in India’s flagship projects such as the Dedicated Freight Corridor and the Mumbai-Ahmedabad High-Speed Rail has been remarkable. He said, India is grateful to Japan for this contribution.
The Prime Minister said, there has been good progress in the Mumbai-Ahmedabad High-Speed Rail Project. He said, both India and Japan understand the importance of a secure, trusted, predictable and stable energy supply.
Mr Modi said, it is imperative to achieve the goal of sustainable economic growth and tackle the problem of climate change. He said, India-Japan Clean Energy Partnership will prove to be a decisive step in this direction.
The Prime Minister expressed happiness that Japan will raise its investment target in India to 5 trillion Yen or 3.2 lakh crore rupeess over the next five years.
He said, the world is still grappling with Covid-19 and its side effects. He said, there are still hurdles in the process of global economic recovery. Mr Modi said, Geo-political events are also presenting new challenges.
In his statement Japanese Prime Minister Fumio Kishida said, the whole world has been shaken today due to many disturbances. He said, it is very important for India and Japan to have a close partnership.
Mr Kishida said, both of them expressed their views and talked about the military operation of Russia into Ukraine. The Japanese Prime Minister emphasised on a peaceful solution on the basis of international law.
Mr Modi and Mr Kishida also addressed the India-Japan Economic Forum towards realising the unparalleled potential of the economic partnership. Mr Modi spoke about reforms taken by his Government and invited Japanese companies to invest in India.
The Prime Minister made a commitment to Japanese companies saying that his Government will extend all possible support for their establishment in India. He said, the relationship between the two countries stands on a strong foundation and added that both stand to benefit by it.
This is Mr Kishida’s first visit to India since he took charge of the office last year. The 14th India Japan Annual Summit is the first meeting of Mr Modi and Mr Kishida.
Mr Kishida arrived in New Delhi this afternoon on a two-day visit. Union Minister for Railways and IT Ashwini Vaishnaw received the visiting dignitary at the airport.
Follow on Facebook (https://www.facebook.com/industrialpunch) and Twitter (https://twitter.com/IndustrialPunch) for updates on social media…
