<\/p>\n
News<\/span><\/b>: Recently, Japanese Prime Minister Fumio Kishida was on visit to New Delhi. The visit was important for several reasons.<\/span>\u00a0<\/span><\/p>\n Wrt Ukraine conflict<\/strong>: In the Joint Statement, both sides called for international law to be respected and for an immediate cessation of violence in Ukraine. It is mostly on lines of India\u2019s Position. Therefore, this visit must have lowered down the probability of major diplomatic backlash against India. It was because the western countries were not happy with India\u2019s measured position in wake of the Ukraine Crisis.\u00a0<\/span>\u00a0<\/span><\/p>\n Wrt Myanmar crisis<\/strong>: Both countries have <\/span>similar stands<\/span><\/b> on the Myanmar crisis, 2021. For example, New Delhi and Tokyo have chosen to adopt <\/span>quiet\u202fdiplomacy<\/span><\/b>\u202fand an <\/span>ASEAN-brokered political solution<\/span><\/b> to the crisis.<\/span>\u00a0<\/span><\/p>\n The Japanese announcement of investment of worth $42 billion<\/strong> over the next five years is crucial for economic growth of India.\u00a0<\/span>\u00a0<\/span><\/p>\n Both agreed to have a range of partnerships in cybersecurity, development assistance, and clean energy development<\/strong>. For example, Tokyo\u2019s vital support for high-technology innovation and development in the Northeast,<\/span>\u00a0<\/span><\/p>\n Both restated their long-standing commitment to supporting the other\u2019s bid for permanent membership<\/strong> at the UN Security Council.\u00a0<\/span>\u00a0<\/span><\/p>\n Defence Sector<\/span><\/b>: India and Japan signed a Mutual Logistics and Supply Agreement (MLSA) in 2020 which allows the militaries to access each other\u2019s bases and a host of related supplies. In the context of the Ukraine crisis, this provided an opportunity for India to diversify its source of armaments and key technologies.<\/span>\u00a0<\/span><\/p>\n Geostrategic Importance<\/span><\/b>: Both aims at providing security for the Indo-Pacific. Therefore, India, Japan, the United States and Australia are trying to build a new security architecture in Indo-Pacific.\u00a0<\/span>\u00a0<\/span><\/p>\n Defence<\/span><\/b>: India is facing rouble in acquiring Japan\u2019s Shinmaywa US-2 maritime reconnaissance aircraft. In addition, Indo-Japanese MLSA is also a scaled-down version of the more expansive Japan-Australia Reciprocal Access Agreement.\u00a0<\/span>\u00a0<\/span><\/p>\n The <\/span>Asia-Africa Growth Corridor<\/span><\/b> is a crucial part of India\u2019s diplomatic strategy has not come to reality so far. It is a joint Indo-Japanese effort to build infrastructure and connectivity projects in Africa and South-East Asia.<\/span>\u00a0<\/span><\/p>\n There has been no progress on reworking the Comprehensive Economic Partnership Agreement (CEPA) <\/strong>which was signed in 2011. While the CEPA did boost bilateral trade, it has expanded India\u2019s trade deficit with\u202f<\/span>Japan.<\/span>\u00a0<\/span><\/p>\n Both must urgently review and avoid the shortcomings that are coming up in the Indo-Japan efforts in the AAGC.\u00a0<\/span>\u00a0<\/span><\/p>\n The CEPA should be reworked as soon as possible. It remains critically important if Indo-Japanese trade is to be both robust and balanced.<\/span>\u00a0<\/span><\/p>\n Source<\/span><\/b>: The post is based on an article \u201cIndia and Japan take recent shifts in their stride\u201d published in the Business Standard on 22 March 2022<\/span>\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" News: Recently, Japanese Prime Minister Fumio Kishida was on visit to New Delhi. The visit was important for several reasons.\u00a0 What are the important outcomes of the visit? Wrt Ukraine conflict: In the Joint Statement, both sides called for international law to be respected and for an immediate cessation of violence in Ukraine. It is… Continue reading India & Japan take recent shifts in their stride\u00a0<\/span><\/a><\/p>\n","protected":false},"author":10328,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[10503,212],"class_list":["post-175524","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-business-standard","tag-gs-paper-2","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704863363},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/175524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10328"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=175524"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/175524\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=175524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=175524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=175524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What are the important outcomes of the visit?<\/span><\/b>
\n<\/span><\/h5>\nWhat are some issues in India-Japan ties?<\/span><\/b>\u00a0<\/span><\/h5>\n
What is the way forward?<\/span><\/b>
\n<\/span><\/h5>\n