Japan PM Sanae Takaichi’s India Visit Live Updates: Prime Minister Narendra Modi and his Japanese counterpart Sanae Takaichi are set to hold Annual Summit-level talks in New Delhi today, July 2. The summit will pave the way for both nations to review cooperation across sectors and explore ways to enhance bilateral ties.
Takaichi, Japan’s first woman Prime Minister, is currently on her maiden visit to India. She arrived in New Delhi on Wednesday, embarking on a three-day trip to the country.
In a post on ‘X’, the Prime Minister wrote: “I have arrived in Delhi, the capital of India. As Prime Minister of Japan, this will be my first visit to India in about three years, and personally, my very first time visiting the country.”
Takaichi highlighted the discussions with PM Modi would revolve around significant issues, including economic security and energy security. She noted that the talks would further strengthen the Japan-India ‘Special Strategic Global Partnership’.
“In discussions with Prime Minister Modi, centering on urgent issues including economic security and energy security, we will aim to deepen the strategic cooperative relationship between Japan and India in light of the current international situation, promote mutually complementary cooperation, and further strengthen the Japan-India ‘Special Strategic Global Partnership’, she wrote.
PM Modi Welcomes Takaichi
Prime Minister Narendra Modi offered a warm welcome to his Japanese counterpart, who arrived in New Delhi yesterday on her first trip to India since assuming office.
In a post on ‘X’, PM Modi wrote: “Prime Minister Sanae Takaichi, welcome to India. We sincerely welcome your first visit to India. I look forward to exchanging views across a wide range of fields tomorrow to further deepen the Japan-India Special Strategic and Global Partnership.”
“The two countries will continue to cooperate to contribute to peace, stability, and prosperity in the Indo-Pacific region and beyond”, he added.
What’s On Agenda?
Takaichi’s visit to India comes less than a year after Prime Minister Modi travelled to Tokyo, with Japan committing to doubling its investment in New Delhi over the next decade.
Pertinent to note that Japan is a key investment ally of India, with bilateral trade between the two countries reaching USD 27.5 billion in FY2025-26, according to official data.
Both countries have actively engaged in efforts to bolster cooperation across various sectors, reflecting commitment to strengthen bilateral ties in the face of growing geopolitical chaos. One of the most closely watched economic initiatives is the proposed framework for conducting bilateral trade through a local-currency settlement.
Under the proposed framework, transactions will be settled between the two countries directly in yen and rupees, with the move aimed at eliminate routing deals through the U.S. dollar.
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