Prime Minister Narendra Modi today raised with his Japanese counterpart Fumio Kishida the issue of further easing travel restrictions to facilitate quarantine-free entry into Japan for travelers from India with vaccination certificates Covaxin and Covishield.
The two leaders also agreed to work jointly to implement their decision to have 5 trillion yen in public and private investment and financing from Japan to India over the next five years.
They also agreed to further strengthen bilateral security and defense cooperation, including in the field of defense manufacturing. They agreed that the next 2+2 Foreign and Defense Ministers meeting could be held in Japan at the earliest.
The two leaders had a bilateral meeting in Tokyo on the sidelines of the Quad Summit. Kishida also hosted a dinner party for PM Modi. The two leaders had a productive exchange of views on strengthening bilateral relations in various fields as well as on some regional and global issues.
Modi highlighted the steps taken by the Indian government to improve the ease of doing business and logistics through the Gati Shakti initiative and urged Prime Minister Kishida to support greater investment by Japanese companies in India. Such investments would help build resilient supply chains and be mutually beneficial. In this context, he appreciated the fact that Japanese companies were increasing their investments in India and that 24 Japanese companies had successfully applied for the various PLI programs.
The two leaders noted the progress made in the implementation of the Mumbai-Ahmedabad High Speed Rail (MAHSR) project and welcomed the signing of the Exchange of Notes of the 3rd tranche of the loan for this project.
The two leaders stressed the growing importance of information and communication technologies and, in this regard, agreed to encourage greater collaboration between the private sectors of the two parties in the development of next-generation communication technologies. generation. They also discussed opportunities for collaboration in critical and emerging technologies such as 5G, Beyond 5G and semiconductors.
The two Prime Ministers also agreed to deepen cooperation in the field of clean energy, including green hydrogen, and, in this regard, encouraged greater business-to-business collaboration.
They noted the convergences in their respective approaches to the Indo-Pacific and reaffirmed their commitment to a free, open and inclusive Indo-Pacific region.
Earlier, Modi met with three former prime ministers of Japan and shared the two countries’ vision for a peaceful, stable and prosperous Indo-Pacific. Former Japanese Prime Minister Yoshihide Suga was the first to call on Modi, followed by Yoshiro Mori and Shinzo Abe. Mori is the current chairman of the Japan-India Association (JIA) while Abe, who is a personal friend of Modi, will take over this role shortly. The JIA, established in 1903, is one of the oldest friendship associations in Japan.