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Japan Plans To Invest $42 Billion In India, Prime Ministers Meet Today: Report

Japan Plans To Invest $42 Billion In India, Prime Ministers Meet Today: Report

NDTV
Saturday, March 19, 2022 07:10:10 AM UTC

India Japan Economic Ties: Japan and India in 2020 signed an acquisition and cross-servicing agreement that allows for reciprocal stocks of food, fuel and other supplies between defence forces.

Japanese Prime Minister Fumio Kishida will encourage a unified approach on Ukraine when he meets Prime Minister Narendra Modi in Delhi today, while aiming to strengthen security ties across the Indo-Pacific region.

"Since the Russian invasion of Ukraine coincides with this trip, I'd like to emphasise the importance of international unity and confirm that Japan and India will work together on various issues," Prime Minister Kishida said ahead of his visit.

India and Japan are party to the Quadrilateral Security Dialogue (Quad), a security framework that also includes the United States and Australia.

Japan has imposed sanctions on dozens of Russian individuals and organisations since the Ukraine invasion that began on February 24 and has been receiving Ukrainian refugees. India, however, is the only one of the four Quad members that has not condemned the invasion.

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