The Japanese Prime Minister Will Pay A Two - Day Visit To India from Saturday For The 14th India-Japan Summit

The Japanese Prime Minister will pay a two - day visit to India from Saturday for the 14th India-Japan Summit, Foreign Ministry spokeswoman Arindam Bagchi said. The summit between the Prime Ministers of India and Japan will be held three and a half years after the last summit in Japan in 2018.

Kishida, who was sworn in as Japan's Prime Minister on October 4, 2021, will arrive on Saturday afternoon and leave on the morning of March 20 (Sunday). During his maiden diplomatic visit to Japan, Prime Minister Fumio Kishida announced plans to invest 5 trillion yen ($ 42 billion) in India over the next five years. The summit could not be held in 2020 and 2021, primarily due to the Kovid-19 pandemic. Japan is preparing to hold a personal summit of quad leaders this year and Modi is expected to attend.

Nikkei Asia will announce the Kishida Public-Private Funding Scheme at the 14th India-Japan Annual Summit. Kishida's investment of 5 trillion yen will surpass the 3.5 trillion yen of investment promised by former Japanese Prime Minister Shinzo Abe during his 2014 visit to India.

During his two-day visit to India, Nikki said during a meeting with Prime Minister Narendra Modi that the Japanese Prime Minister would approve a loan of about 300 billion yen. It is also likely to sign the Energy Cooperation Agreement on carbon reduction.

At the summit, the two leaders are expected to review their diplomatic relations and bilateral cooperation in various fields. The situation in Ukraine is also likely to come up in the Modi-Kishida talks. India and Japan have deepened their strategic relationship as a free, open and inclusive Indo-Pacific fusion. There have been improvements in defense, security, and the local environment.