27.1 C
New Delhi
Sunday, October 1, 2023
HomeNewsPM Modi holds bilateral meeting with Japan's Kishida, says eager to enhance...

PM Modi holds bilateral meeting with Japan’s Kishida, says eager to enhance cooperation in connectivity, commerce

Prime Minister Narendra Modi on Saturday held a bilateral meeting with his Japanese counterpart Fumio Kishida on the first day of the two-day G20 Summit in New Delhi.

In a post on X (formerly Twitter), Modi said, “Held productive talks with PM Kishida. We took stock of India-Japan bilateral ties and the ground covered during India‘s G20 Presidency and Japan‘s G7 Presidency. We are eager to enhance cooperation in connectivity, commerce and other sectors.”

The meeting was held at the G20 summit venue, Bharat Mandapam in Pragati Maidan.

Kishida arrived in the national capital on Friday to attend the G20 Leaders’ Summit.

Earlier this May, PM Modi had met with his Japanese counterpart in Hiroshima at the G7 Summit in Hiroshima.

The cooperation between India and Japan continues to deepen over time as the two nations share historical linkages with exchanges between the two countries being traced to the 6th century when Buddhism was introduced in Japan.

As both nations deal with the challenges provided by an aggressive China in the Asian region, India’s political ties to Japan have grown significantly over the past few decades.

Also Read: India proposes global-level initiative to take ethanol blending in petrol up to 20 per cent

In the lead-up to both the G20 and G7 summits, the visit of Japanese PM Kishida to India in March bolstered further commitment between the two countries to work together for the realisation of a ‘Free and Open Indo-Pacific”.

India and Japan have already developed various frameworks of security partnership including a ‘2+2’ Dialogue involving Foreign and Defence ministers. The two countries regularly participate in joint military exercises such as the Malabar Exercise and have various partnership agreements ranging from defence equipment trade to military logistics.

Japan is India’s 13th-largest trading partner, whereas India is Japan’s 18th-largest. With Japan’s private sector investment in India steadily increasing, it is among the top five foreign investors in India.

India and Japan’s joint efforts to foster a free, open, and prosperous Indo-Pacific region demonstrate the strength and potential of their ever-strengthening relationship.

This is the first time that the G20 Summit is taking place under India’s presidency. Formed in 1999, the G20 was setup to maintain global financial stability by incorporating middle-income countries.

India assumed the G20 presidency on December 1 last year and about 200 meetings related to G20 were organized in 60 cities across the country. The 18th G20 Summit in New Delhi will be a culmination of all the G20 processes and meetings held throughout the year among ministers, senior officials, and civil societies.

A G20 Leaders’ declaration will be adopted at the conclusion of the G20 Summit, stating Leaders’ commitment towards the priorities discussed and agreed upon during the respective ministerial and working group meetings. The next G20 presidency is going to be taken over by Brazil in 2024, followed by South Africa in 2025.

(With inputs from ANI)

Source link

- Advertisment -


Our Archieves