Next week, Japanese Prime Minister Fumio Kishida is scheduled to hold a summit with Indian Prime Minister Narendra Modi, who will be visiting Japan. The two leaders are anticipated to reach an agreement on creating a new framework focused on economic security.
This meeting comes at a time when both nations are looking to strengthen their economic ties and enhance mutual security in the face of global challenges. As part of this initiative, Japan is also expected to announce a target of 10 trillion yen (approximately $90 billion) in private investments in India over the next decade.
The term ‘economic security’ refers to the measures taken by countries to protect their economies from external threats, ensuring stability and resilience in trade and investment.
Source: www3.nhk.or.jp