Summary:

At the 16th India-Japan Annual Summit, Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi reached agreements on military, artificial intelligence (AI), economic security, clean energy, and emerging technologies, strengthening the India-Japan Special Strategic and Global Partnership. The nations adopted a Joint Statement on AI and inked their first defence co-development project for a naval radio antenna. More than Rs. 94,380 crore (US$10 billion) in Japanese investment is anticipated to reach India through more than 100 commercial agreements. Along with initiatives in biogas, sustainable transportation, semiconductors, and advanced technologies to foster innovation, resilient supply chains, and long-term strategic cooperation, both countries also adopted statements on economic security and energy resilience.

Source: IBEF

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