Japan signs 129 MoUs worth Rs 1 lakh crore with India
Invested $12.4 billion in past year, says Japan External Trade Organisation Chairman Ishiguro Norihiko
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Invested $12.4 billion in past year, says Japan External Trade Organisation Chairman Ishiguro Norihiko
Sanae Takaichi was re-elected as Japan's PM after a landslide victory, securing a super-majority. Her win followed a dramatic political turnaround, driven by popularity and a focus on economic stability. She plans to boost domestic production, increase defense spending, and strengthen alliances, including with the US and potentially India.
Japan will invite 500 Indian AI professionals by 2030 to boost tech cooperation. Both nations launched an AI initiative, including a strategic dialogue. They also plan to strengthen supply chains, economic security, and people-to-people exchanges, while celebrating 75 years of diplomatic ties in 2027.
India and Japan are bolstering defense ties, including joint development, co-production, and technology-sharing. They will increase military exercise complexity and frequency, support each other's facility usage, and collaborate on security in the Indo-Pacific, opposing China's actions in the South China Sea.