On the third day of Prime Minister Narendra Modi’s ongoing five-day visit to Japan, the two nations renewed their centuries old ties by agreeing to extend cooperation on a wide range of areas and inked the Tokyo Declaration for Global Partnership.
After the official signing of several crucial deals between the two nations, Japan’s Prime Minister Shinzo Abe stressed that the political and security cooperation between India and Japan will be deepened further.
“Our bilateral relationship is one with the most potential in the world,” Japanese PM said after meeting PM Modi.
“Modi and me have instructed our officials to accelerate negotiations with the goal of early conclusion of nuclear agreement,” Abe said while informing that the two sides have agreed to further collaborate on projects such as bullet trains and on activities between India and its neighbours.
The Japanese leader also stated that he had a frank discussion on a wide range of issues including civil nuclear deal between the two sides. “We have agreed to pursue defence and security operations with India, including maritime security,” Abe said.
“Concerning economic matters, we have agreed to move towards a common goal of dramatically increasing Japan’s investment in India,” PM Abe said.
Speaking on his turn, PM Modi thanked the Japanese government for according a warm welcome to him and agreeing to extend bilateral cooperation in various sectors.
“It’s my good fortune that PM Abe gave me this opportunity to visit Japan within 100 days of my becoming PM. I thank Japanese PM Abe for committing record investment in India in the coming years,” PM Modi said.
“Japan will continue to play a more important role in India’s growth and development in days to come,”PM Modi said adding, “PM Abe has understood my vision and assured support in various sectors.”
“I am confident that Japan will partner us (in development) at a new level,” PM Modi said. “I am sure this deepening of Indo-Japan relation will be very fruitful and satisfying,” PM Modi concluded by saying.
India and Japan earlier agreed to expand the bilateral cooperation between two nations in various sectors with Tokyo on Monday committing to double its direct investment in India from $2 billion last year to 3.5 trillion yen in next five years.
Ministry of External Affairs spokesperson Syed Akbaruddin tweeted that under India–Japan Investment Promotion Partnership deal, Tokyo has agreed to make 3.5 trillion yen of public and private investment in India in next 5 year period.
