Sunday, June, 04,2023

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JAPAN BRINGS NEW $75 BN INDO-PACIFIC PLAN

New Delhi: PM Narendra Modi on Monday held wide-ranging talks with his Japanese counterpart Fumio Kishida to expand India-Japan partnership for a peaceful, stable and prosperous post-Covid world. Kishida arrived in Delhi on Monday on a twoday visit. He visited Rajghat, paid floral tributes to Mahatma Gandhi. Japanese PM will ramp up bilateral ties in a range of areas & explore convergence between India’s presidency of G20, Japan’s presidency of G7 to address global problems.

Japan’s PM Fumio Kishida announced new plan for an open and free Indo-Pacific, promising billions of dollars in investment to help economies across region in everything from industry to disaster prevention. He pledged $75 bn to IndoPacific by 2030 through pvt investments & yen loans, and the ramping up of aid through official governmental assistance and grants.

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