Saturday, May 18, 2024
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Home » India Encourages Japan to Invest in Defence Sector

India Encourages Japan to Invest in Defence Sector

by Michael Lowe
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India has encouraged Japan to invest in the defence sector, foreign secretary Vinay Kwatra has said. During the discussions between Prime Minister Narendra Modi and his Japanese counterpart Fumio Kishida, the issues that came up included private sector investment and also, high levels of FDI. And it was also not joint production, but also joint innovation and design.

Asked if China’s recent aggressive policies can up during the meeting, he said regional security was discussed though there were no specific points about the recent problem in east Ladakh. But there is no plan to have additional members in the quad, which comprises India, Australia, Japan and the United States of America.

For now, consolidation is more important than expansion, he added. Also, joint training in defence and closer cooperation is on the anvil. The foreign secretary also noted that last 2 plus 2 meeting between the two countries has gone well and that efforts are being made to work with third countries.

Speaking on economic issues, he said the construction of the Bullet Train to link Gujarat and Maharashtra was making progress. There was also progress on projects related to connectivity that involved Bangladesh.

Source : Times Now

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