Japan’s Ishiba and India’s Modi agree to deepen economic ties

Published 29/08/2025, 13:42
Japan’s Ishiba and India’s Modi agree to deepen economic ties

Investing.com -- Japan and India pledged to deepen their economic and security ties during a meeting in Tokyo on Friday between Japanese Prime Minister Shigeru Ishiba and Indian Prime Minister Narendra Modi.

At a joint press briefing, Ishiba emphasized the importance of mutual support, saying the two nations should “leverage each other’s strengths, address each other’s challenges, and work together on issues that future generations will confront.”

The discussions resulted in commitments to strengthen defense cooperation across the Indo-Pacific over the next decade, while also enhancing supply chains, boosting investment flows, and broadening collaboration in areas such as artificial intelligence, space exploration, and high-speed rail technology.

Tokyo also announced a goal of mobilizing 10 trillion yen ($67.9 billion) in private-sector investment into India, while both sides agreed to increase exchanges of skilled workers to support growth and innovation.

The partnership comes at a pivotal moment, with India grappling with new U.S. tariffs and Japan seeking to balance China’s expanding influence in the region.

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