External Affairs Minister S Jaishankar recently held a meeting with the Chairman of Japan Bank for International Cooperation (JBIC), Tadashi Maeda, to discuss economic and technological cooperation between India and Japan. The meeting took place in New Delhi, where the two leaders explored the potential for further collaboration.
Jaishankar expressed his pleasure in meeting Chairman Tadashi Maeda and took to Twitter to share his thoughts on the meeting. He mentioned that they discussed India-Japan economic and technology cooperation, as well as the future possibilities for collaboration in these areas.
This meeting follows a previous interaction between Union Finance Minister Nirmala Sitharaman and JBIC’s Governor Hayashi Nobumitsu in May. During that meeting, Hayashi informed Sitharaman that JBIC had already invested USD 5 billion in India’s infrastructure and manufacturing sectors. He also expressed interest in exploring opportunities in the marine food processing sector.
Additionally, Sitharaman encouraged JBIC to engage with Indian financial institutions such as the Exim Bank, National Investment and Infrastructure Fund (NIIF), and lending banks. The aim is to leverage the strengths and complementarities of both countries in order to tackle local, regional, and global financial challenges.
The meeting between Jaishankar and Maeda signifies the commitment of both countries to strengthen their economic and technological ties. India and Japan have a long-standing partnership, with numerous bilateral projects and investments. The discussions between the two leaders will help foster innovation, collaboration, and growth in key sectors.
The relationship between India and Japan is not only beneficial for the two countries but also for the wider region. The collaboration in economic and technological areas will contribute to the overall development and progress of both nations.
This news demonstrates the ongoing efforts of the Indian government to engage with international partners and explore avenues for cooperation. The meetings with JBIC represent a significant step towards enhancing economic and technological ties between India and Japan. As both countries continue to prioritize innovation and development, these collaborations will pave the way for a brighter future.
In conclusion, the meeting between EAM Jaishankar and JBIC Chairman Tadashi Maeda signifies the commitment of both India and Japan to further strengthen their economic and technology cooperation. The discussions held during the meeting aimed at exploring potential collaborations and future prospects. These efforts showcase the countries’ shared commitment to fostering growth, innovation, and development. With ongoing collaborations and investments, the partnership between India and Japan is poised to bring about positive change and progress in various sectors.
