India, Japan Pledge to Strengthen Ties, Boost Financial Cooperation

India and Japan have pledged to deepen their bilateral relationship and enhance financial cooperation. The announcement came following a meeting between Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida.

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During their talks, the leaders discussed a wide range of issues, including economic cooperation, defense, and regional security. They agreed to work together to promote sustainable development, strengthen trade and investment ties, and enhance people-to-people exchanges.

In terms of financial cooperation, India and Japan agreed to explore new avenues for collaboration, such as infrastructure development, green finance, and digital payments. They also discussed the possibility of establishing a joint investment fund to promote economic growth and development in the Indo-Pacific region.

Prime Minister Modi and Prime Minister Kishida reaffirmed their commitment to the Quadrilateral Security Dialogue (QUAD), a strategic partnership between India, Japan, the United States, and Australia. They emphasized the importance of the QUAD in promoting peace, stability, and prosperity in the Indo-Pacific region.

The meeting between Prime Minister Modi and Prime Minister Kishida comes at a time when both countries are celebrating the 70th anniversary of their diplomatic relations. The leaders expressed their hope that the strengthened bilateral ties will benefit both nations and contribute to regional peace and stability.

Key Points:

  • India and Japan pledge to deepen bilateral ties and enhance financial cooperation.
  • Leaders discuss economic cooperation, defense, and regional security.
  • Agree to explore new avenues for collaboration in infrastructure development, green finance, and digital payments.
  • Reaffirm commitment to the Quadrilateral Security Dialogue (QUAD).
  • Meeting comes at a time when both countries are celebrating the 70th anniversary of their diplomatic relations.

Newsource: https://www.zeebiz.com/economy-infra/world-economy/news-india-japan-agree-to-promote-financial-cooperation-and-strengthen-bilateral-ties-at-the-second-india-japan-finance-dialogue-in-tokyo-313803


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