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Modi says India, Japan to ‘shape the Asian century’
Modi and Japan’s PM Ishiba pledge to shape the ‘Asian Century’ through strategic ties, major investments, and enhanced security cooperation
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India and Japan will “shape the Asian Century”, Prime Minister Narendra Modi said on Friday, on a visit expected to secure billions of dollars in Japanese investment and an upgrade to security ties.
“India and Japan’s partnership is strategic and smart. Powered by economic logic, we have turned shared interests into shared prosperity,” Modi told a business forum in Tokyo.
“India is the springboard for Japanese businesses to the Global South. We will shape the Asian Century for stability, growth, and prosperity,” Modi said.
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Modi’s two-day visit – a stopover before going to China – will see Japan unveil 10 trillion yen (US$68 billion) in investments over the next 10 years, according to media reports.
Bilateral trade is currently worth more than US$20 billion annually, heavily weighted in Japan’s favour.
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“Japan and India are strategic partners who share common values such as freedom, democracy, the rule of law, having cherished friendship and trust over many years,” Japanese Prime Minister Shigeru Isbiba said.
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