This Resource Paper carries an ambitious Vision Paper –Japan and India Vision 2025, conceived by the Prime Ministers ofJapan and India at the last Summit held in December 2015.
Mr. Shinzo Abe and Mr. Narendra Modi keenly desire to carry
their special strategic and global partnership to great heights.
This Paper is followed by a summary of the Special
Address made by the Japanese Ambassador Mr. Kenji Hiramatsuat the IJCCI Chamber Day on 26.04.2016 setting out the events
reinforcing the social and economic ties between 1989 and 2016.
The two Documents will be a valuable source of material for any
Researcher on Indo-Japan relations. I am sure this booklet will bewelcomed by all readers.

Japan and India Vision 2025
Special Strategic and Global Partnership

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H.E. Mr. Shinzo Abe, Prime Minister of Japan, paid on official
visit to India at the invitation of H.E. Mr. Narendra Modi,
Prime Minister of the Republic of India, from December 11 to
13, 2015.
Expressing satisfaction at the direction of bilateral engagements,
the two Prime Ministers resolved to transform the Japan-India
Special Strategic and Global Partnership, a key relationship withthe largest potential for growth, into a deep, broad-based andaction-oriented partnership, which reflects a broad convergenceof their long-term political, economic and strategic goals.
The Peoples of Japan and India are guided by common cultural
traditions including the heritage of Buddhism, and sharecommitment to the ideals of democracy, tolerance, pluralism andopen society. Japan and India, two of the largest and oldest
democracies in Asia having a high degree and congruence ofpolitical, economic and strategic interests, view each other aspartners that have responsibility for and are capable of responding
to global and regional challenges.
The two Prime Ministers reiterated their unwavering commitment
to realize a peaceful, open, equitable, stable and rule-based orderin the Indo-Pacific region and beyond. Japan and India uphold theprinciples of sovereignty and territorial integrity; peacefulsettlement of disputes; democracy, human rights and the rule oflaw; open global trade regime; and freedom of navigation andoverflight. They pledged to work for peace, security anddevelopment of the Indo-Pacific region toward 2025 underpinnedby these principles.

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The two Prime Ministers underlined the need for closer
coordination and effective communication, bilaterally and withpartners. To address existing and emerging chalanges in spheresof security, stability, and sustainable development. They
underlined their determination to expand cooperation with otherpartner, to enhance connectivity in the Indo-Pacific region. Japanand India will work to strengthen regional economic and security
forums and coordinate their actions to tackle global challenges
including the reform of the United Nations, climate change aswell as terrorism.
The two Prime Ministers view that imperatives of a stronger bilateral
strategic partnership require deep and broad-based cooperation andconcrete actions in defence, security, economic and cultural fields.
Our future-oriented partnership raises our collaboration to a new levelin the areas of infrastructure, manufacturing and high technology,
including advanced transportation systems, civil nuclear energy, solar
power generation, space, biotechnology, rare earths and advanced
materials.
Recognising the importance of people to people exchanges andcultural ties, the two Prime Ministers resolved to boost
opportunities for study, tourism, youth exchanges andeducational collaboration to deepen broad-based and diversified
engagement between the two peoples.
With the view to realize the objectives of Japan and India Vision
2025, the two leaders decided to develop a comprehensive andconcrete medium and long-term action plan.
The two Prime Ministers welcomed the conclusion of theAgreement concerning the Transfer of the Defence Equipment
and Technology and the Agreement concerning Security
Measures for the Protection of Classified Military Information,
which further strengthens the foundation of deep strategic ties.
Taking note of the Agreements, they reaffirmed their defence
relationship including through two-way collaboration andtechnology cooperation, co-development and co-production. The
two Prime Ministers expressed their intention to explore potential

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future projects on defence equipment and technology
cooperation such as US-2 amphibian aircraft.
The two Prime Ministers welcomed Japan's participation in the
India-US Malabar Exercises on a regular basis, as it would help
create stronger capabilities to deal with maritime challenges in
the Indo-Pacific region, including through enhanced disaster
response and mitigation capacity. They reaffirmed their desire tofurther develop dialogue and exchanges between the twocountries in the security and defence fields, including through thefull utilization of '2+2 Dialogue', Defence Policy Dialogue,
Military-to-Military Talks and Coast Guard to Coast Guard
cooperation. The two Prime Ministers appreciated the decision to
begin Air Force-to-Air force staff Talks.
Highlighting the need to leverage their excellent bilateral relations
to promote trilateral dialogues and cooperation with major partners
in the region, the two Prime Ministers welcomed the holding of theJapan-India-U.S. Trilateral dialogue among the Foreign Ministersof the three countries in New York in September 2015. They notedwith satisfaction the efforts of the three countries to seek closer
cooperation in such areas as humanitarian assistance and disaster
relief, regional connectivity as well as maritime security. The two
Prime Ministers expressed satisfaction on the inaugural JapanIndia-Australia Trilateral dialogue. They were of the view thatthese dialogue mechanisms could contribute to regional efforts to
evolve an open, inclusive, stable and transperent economic,
political and security architecture in the Indo-Pacific region.
Seeking the synergy between India's “Act East” policy andJapan's “Partnership for Quality Infrastructure”, the two Prime
Ministers decided to develop and strengthen reliable, sustainable
and resilient infrastructures that augment connectivity within
India and between India and other countries in the region. The
two Prime Ministers pledged to advance industrial networks andregional value chains with open, fair and transparent businessenvironment in the region. They recognized the importance ofenhancing their cooperation and coordination bilaterally and withother stakeholders to realize this strategic initiative.

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The two Prime Ministers welcomed the agreement reached between
the two Governments on the Agreement between the Government ofJapan and the Government of the Republic of India for Cooperation in
the Peaceful Uses of Nuclear Energy, and confirmed that thisAgreement will be signed after the technical details are finalized,
including those related to the necessary internal procedures.
The two Prime Ministers noted that India's railways
modernization and expansion plans open up commercial
opportunities for Japanese companies in high speed rail, station
re-development and rolling stock manufacturing. They
welcomed the signing of memoranda on technologicalcooperation, and R&D collaboration in the railways sector.
The two Prime Ministers welcomed the signing of theMemorandum of Cooperation on introduction of Japan's High
Speed Railways (HSR) technologies (the Shinkansen system) to
Mumbai-Ahmedabad route. Prime Minister Modi appreciatedJapan's consideration of providing highly concessional yen loan
for the HSR on Mumbai-Ahmedabad route. Both sides will
explore further strengthening of their partnership in high speed
railways, which is a high technology area having potential totransform India's transportation sector.
The two Prime Ministers stressed the need for further actions forinvesting in the future. Prime Minister Abe commended Prime
Minister Modi's strong initiatives such as “Make in India”, “DigitalIndia”, “Skill India”, “Clean India” and “Smart City”. Prime
Minister Abe also expressed his intention to support India's efforts
by sharing its advanced skills and technologies and through active
mobilization of Japanese public and private sector involvement,
including Official Development Assistance (ODA).
The two Prime Ministers welcomed the steady progress to realize
3.5 trillion yen of public and private financing to India in five
years under the last annual summit meeting.
They also welcomed the progress in the flagship projects such as
the Western Dedicated Freight Corridor (DFC), and reaffirmed
the determination to expedite the Delhi-Mumbai Industrial

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Corridor (DMIC) projects. The two Prime Ministers further
concurred to take the Chennai Bengaluru Industrial Corridor(CBIC) project to the next stage of concrete implementation
including by utilizing ODA loan schemes and other facility
measures. Indian side expressed a hope to attract US$5.5 billionof investment and other support.
In this context, Prime Minister Modi welcomed the “Japan-India
Make-in-India Special Finance Facility” up to 1.5 trillion Yen by
Nippon Export and Investment Insurance (NEXI) and Japan Bankfor International Corporation (JBIC), which aims to promote direct
investment of Japanese companies and trade from Japan to India, tosupport their business activities with counterparts in India,
including development of necessary infrastructure, and to help
materialize Make-in-India policy of the Government of India.
Prime Minister Abe expressed his expectation on further
enhancement of reform measures including in the financial sector.
The two Prime Ministers decided to deepen mutual cooperation
regarding the Make-in-India policy.
The two Prime Ministers recognized the invaluable role played inJapan's ODA in broadening, deepening and strengthening bilateralrelations. Appreciating that India is one of the largest recipients ofJapan's ODA, Prime Minister Modi thanked the people of Japan for
their contribution to the building of social and physical infrastructure
in India that is key to the country's development and modernization.
The two sides expressed their expectation that the total commitment
of Japanese ODA yen loan to India in FY 2015 may reach around 400
billion yen, the highest ever provided to India, and concurred toaccelerate their respective efforts with a view to achieving this goal.
Prime Minister Modi welcomed the Japanese ODA loans of about
100 billion yen for the metro projects both in Chennai and
Ahmedabad.
Prime Minister Abe expressed Japan's intention to provide ODA
loans for the improvement of road network connectivity innortheastern states of India, the peripheral ring road surrounding
Bengaluru, and the horticulture irrigation in Jharkhand.

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Prime Minister Modi welcomed ongoing surveys regarding Mumbai
Trans Harbour Link and the modernisation of ship recycling yards in
Gujarat, and an expected survey for Tuticorin Outer Harbour. The two
Prime Ministers also confirmed the importance of securing
appropriate implementation of ODA projects.
Prime Minister Modi briefed Prime Minister Abe on his agenda ofreforms to make India the investment destination with the mostbusiness-friendly environment, for which Prime Minister Abe
expressed his appreciation. Prime Minister Modi reaffirmed his
determination to improve the business environment in India.
The two Prime Ministers reaffirmed the intention to develop“Japan Industrial Townships (JITs)”, with investment incentive
for companies that would not be lower than under the prevailingpolicy framework such as Special Economic Zone (SEZ), andNational Investment and Manufacturing Zone (NIMZ).
Moreover, both sides will work toward evolving special packages
for attracting Japanese investment in the Japanese Industrial
Townships in India. The two Prime Ministers reaffirmed tofurther deepen bilateral economic and financial cooperation.
The two Prime Ministers positively appraised the work of “Japan
Plus” and expressed strong hope that investment-related
assistance, guidance and support extended by Japan Plus will
become even more effective and efficient through enhancing
coordination with stakeholders. Prime Minister Abe appreciatedcreation of “Core Group” chaired by Cabinet Secretary tocoordinate and closely monitor the process to ensure thatinvestments from Japan as envisaged in Japan-India Investment
Promotion Partnership are facilitated.
The two Prime Ministers stressed the importance of expansion in
the two-ay investment between Japan and India. The Japaneseside expressed the intention of establishing a new mechanism,“Japan-India IoT Investment Initiative,” to promote investment
in Internet of Things (IoT) related area from India to Japan.
The two Prime Ministers recognized the importance of close
collaboration in the electricity and energy sector through such

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measures as use of high-efficiency and environmentally friendly
coal-fired power generation technology, and Clean Coal
Technology (CCT) including Integrated Gasification Fuel Cell
(IGFC) once developed, and renewable energy and promotion ofenergy efficiency. Prime Minister Abe lauded India's effort toenhance contribution of renewables to its overall energy mix.
Japan and India, as two countries seeking to transform into
knowledge
based societies, expressed satisfaction to thecontinuous strengthening of their institutionalized Science andthTechnology cooperation, of which 2015 marks the 30 anniversary
year. They shared their intention to raise the level of their ambition
through the establishment of joint research laboratories; enhanceexchanges between young scientists and those under “Japan-Asia
Youth Exchange Program in Science”; the establishment of joint
research centres in India in the field of ICT; stem researchers.
The Indian side appreciated Japan's support to Skill India
Initiative through training at Industrial Training Institutions(IITs), skills development for managers, curriculum development
and the Skills Evaluation System Promotion Program. Bothcountries will further advance their cooperation by providing
Indian trainees with opportunities to acquire industrial skills inJapan including under the Technical Intern Training Program.
Acknowledging the importance of cooperation in the education
sector, they welcomed the institutionalized exchange of doctoraland post-doctoral research fellows, and encouraged movement ofprofessors and faculty between Japan and India. The two Prime
Ministers invited their universities and academic institutions tofurther expand cooperation. Prime Minister Abe expressed that in
the next five years, 10,000 young Indian talents will be visiting
Japan under such frameworks as students exchange, IT training
and short term exchanges, and hoped that it will provide solidbonds for our future relations.
Recognising the importance of facilitating exchanges between
people of the two countries, both leaders stressed the importance offurther simplifying their visa procedures for nationals of each other.

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The two leaders welcomed the priorities for action in the Sendai
framework for Disaster Risk Reduction 2015-2030, and noted theimportance of measures to mitigate the risk of disaster arisingfrom earthquake, cyclone and tsunami, including flood control
and early warning systems. They recognized the need to advancebilateral cooperation and collaboration in disaster risk reduction.
Prime Minister Modi appreciated Japan's assistance to landslide
prevention in the area of highway development.
The two Prime Ministers appreciated the growing cooperation in
the field of women empowerment and healthcare. Prime Minister
Abe briefed Prime Minister Modi on his efforts to create a“society where all women shine,” including by hosting “WAW!”.
Prime Minister Modi expressed that the target regarding
quantitative share of generic medicines in Japan would be an
excellent opportunity for collaboration between Japanese andIndian pharmaceutical companies.
The two Prime Minister welcomed enhanced partnership between
Indian States and cities with Japanese prefectures and cities asthese help bilateral relations grow deeper roots. They expressedsatisfaction at the strengthened ties between the City of Kyoto
and Varanasi, two ancient and historic cities integral to theirrespective cultural heritage. Prime Minister Modi expressed his
expectation that the two sides will explore to develop a
convention centre in Varanasi.
Sharing the view that the future of Asia needs to build on thepositive influence of traditions of non-violence and democracy in
Asia, the two Prime Ministers welcomed the Samvad conference
held in India in September and looked forward to Japan hosting
the next conference in January 2016.
Recognising that peace, stability and development in the IndoPacific region is indispensable to their national security andprosperity, they reaffirmed that close cooperation between Japanand India is the key to achieving peace and stability in the region.
They welcomed the progress in strengthening the East Asia
Summit to enhance dialogue on political and security issues, and

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reaffirmed their commitment to continue to work with allpartners, especially with ASEAN which is at the core of EAS, tomake EAS the premier leaders-led forum to discuss regional
peace and security agenda.
Expressing their commitment to the principles of sovereign
equality of all states as well as respect for their territorial integrity,
they affirmed closer cooperation in safeguarding the global
commons in maritime, space and cyber domains. They
underscored the importance of international law including theUnited Nations Convention on the Law of the Sea (UNCLOS)
and peaceful resolution of disputes without use or threat of use offorce; freedom of navigation and overflight and unimpeded
lawful commerce in international waters.
In view of critical importance of the sea lanes of communicationsin the South China Sea for regional energy security and trade andcommerce which underpins continued peace and prosperity of
the Indo-Pacific, the two Prime Ministers noting thedevelopments in the South China Sea called upon all States toavoid unilateral actions that could lead to tensions in the region.
They were of the view that full and effective implementation of
the 2002 Declaration on the Conduct of Parties in the South China
Sea and early conclusion of the negotiations to establish a Code of
Conduct in the South China Sea by consensus will contribute topeace and stability of the region. They decided to hold regularclose consultations on the issues related to maritime safety andsecurity of sea lanes of communication.
Sharing their concerns about the growing threat and universal reachof extremism, the two Prime Ministers reiterated their strong
condemnation of terrorism in all its forms and manifestations with'zero tolerance' and reaffirmed their deep concern over thecontinued threat posed by terrorists and terrorist groups. They
called upon all countries to implement the United Nations Security
Council Resolution 1267 and other relevant resolutions designating
terrorist entities. They also called for eliminating terrorist safe
havens and infrastructure, in disrupting terrorist networks andfinancing channels, and stopping cross-border movement of

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terrorists. They underlined the need for all countries to effectively
deal with trans-national terrorism emanating from their territory.
They emphasised that the evolving character of terrorism called forstronger international partnership in combating terrorism,
including through increased sharing of information andintelligence. The affirmed the importance of bringing theperpetrators of terrorist attacks including those of November 2008
terrorist attack in Mumbai to justice.
The two Prime Ministers expressed concern over North Korea's
continued development of its nuclear weapons and ballistic
missile programmes, including its uranium enrichment activities.
They urged North Korea to fully comply with its international
obligations, including under relevant United Nations Security
Council resolutions and to take actions towards thedenuclearization of the Korean Peninsula. They also urged North
Korea to address at the earliest the abductions issue.
Prime Minister Abe briefed Prime Minister Modi on Japan's efforts,
including the “Proactive Contribution to Peace” based on theprinciple of international cooperation and the “Legislation for
Peace and Security”, to contribute even more to peace, stability andprosperity of the region and the international community. Prime
Minister Modi welcomed and supported Japan's efforts and desire
to enhance its contribution to global peace, stability and prosperity.
The two Prime Ministers reaffirmed their intention to work
together for the early realization of U.N. reforms, particularly the
Security Council reform, to better reflect the realities of theinternational community in the 21st century. They welcomed therecent developments in the Inter-Governmental Negotiation(IGN) process, towards the launch of text-based negotiations, andreaffirmed their determination to redouble their efforts towards
thachieving concrete outcomes during the 70 Session of the U.N.
General Assembly. The two Prime Ministers reiterated theirsupport for each other's candidature, based on the firmly sharedrecognition that Japan and India are legitimate candidates forpermanent membership in an expanded Security Council.

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Recognising India as the largest democracy and a fast growing
large economy in the Asia-Pacific region, the Japanese side
conveyed its support to India's membership of the APEC as apositive contribution to the economic integration in the region.

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The two Prime Ministers, on the occasion of the 70 year since theatomic bombings of Hiroshima and Nagasaki, reaffirmed theirshared commitment to the total elimination of nuclear weapons.
They called for an immediate commencement and earlyconclusion of negotiations on a non-discriminatory, multilateraland internationally and effectively verifiable Fissile Material CutOff Treaty (FMCT) on the basis of Shannon Mandate. In thiscontext, Prime Minister Abe stressed the importance of early entry
into force of the Comprehensive Nuclear Test Ban Treaty (CTBT)
which should lead to nuclear disarmament. They also supported
the strengthening of international cooperation to address thechallenges of nuclear proliferation and nuclear terrorism.
The two Prime Ministers recognized the importance of effective
national export control systems. Japan welcomed India's intensified
engagement with export control regimes. The two Prime Ministers
affirmed their commitment to work together for India to become afull member in the four international export control regimes;
Nuclear Suppliers Group, Missile Technology Control Regime,
Wassenaar Arrangement and Australia Group, with the aim ofstrengthening the international non-proliferation efforts.
H.E. Mr. Shinzo Abe, the Prime Minister of Japan, thanked theGovernment and the people of India for their warm hospitality andextended a cordial invitation to H.E. Mr. Narendra Modi, Prime
Minister of the Republic of India, to visit Japan at a mutuallyconvenient time for the next annual summit meeting. Prime
Minister Modi accepted the invitation with appreciation. The
dates of the visit will be decided through diplomatic channels.

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Events reinforcing Japan-India social and economic
ties between 1989 and 2016
Ambassador Kenji Hiramatsu's address in IJCCIat the Chamber Day Function on 26-04-2016● The year 1989, when The Indo-Japan Chamber of Commerce &Industry (IJCCI) was established, was the very 1st year of HEISEIin Japan. HEISEI is the name of the current Japanese Imperial era,and means “peace everywhere”. In a sense, IJCCI was auspiciously
born in the dawn of this new era of Japan.
● In 1991, the “Indian Economic Crisis” tested the strength of the tiesof our two countries. The dissolution of the Soviet Union and thesurge of oil price under the Gulf War reduced the foreign exchange
reserves of India to an extremely small amount which was barely
enough to pay for its import needs for three weeks. When mostdeveloped countries were reluctant to offer finance to India,
suspicious of India’s willingness to economic reform, Japan
offered a substantial bridge loan together with other few countries
like US and Germany, to bail India out of the Balance of Payment
Crisis.
● As you all know, after this crisis, India went through a major
economic reform, and actively invited foreign investments especiallyin manufacturing sector. Maruti Suzuki achieved a steady growthduring the 1990’s, thanks to positive automotive policy.
● The turning of the century witnessed a dramatic transformation in
the bilateral relations. In the year 2000, Japanese Prime Minister
Mr. Yoshiro Mori visited India and met with the then Indian Prime
Minister Mr. Atal Behari Vajpayee. The leaders launched the“Global Partnership in the 21st Century” that laid the solid
foundation for the bonding between our two countries leading totoday. Since then, Prime Minister Modi has been showing hisleadership in enhancing our relations, by visiting India for a numberof times. In 2010, he came here to Chennai, where he attended thefactory inauguration ceremony of Renault Nissan and visited
Komatsu factory which is producing large dump trucks in
Oragadam.
● In 2003, India became the largest recipient of Japanese Official
Development Assistance, or ODA. Since then, India stays at the top
at the list almost every year.
● The most successful achievement of the Japanese ODA is and willbe the Delhi Metro. The project has introduced the concept of“sticking to schedule” in Indian construction practice. Many Indianfriends told me that Delhi Metro was a game changer in the public
transportation in India, and that it transformed the way of life ofDelhiites. Now the experience of Delhi Metro is being applied toother major cities including Chennai.
● There are of course other major ODA projects like DFC, DedicatedFreight Corridor between Delhi and Mumbai. We have assisted also
in various sectors such as river water purification, sewage,
irrigation, forestry, and development of roads, ports, and electric
power.
● In 2007, Mr. Shinzo Abe, in his first tenure as Japanese Prime Minister,
visited India. He made a speech at the Parliament of the Republic under
the title “Confluence of the Two Seas”, named after the title of a bookpublished in 1655 which was authored by the Mughal prince Dara
Shikoh. In the speech, Mr. Abe stated that our two countries have theability and the responsibility to nurture and enrich the Pacific and theIndian Oceans as the seas of freedom and prosperity. This is still theunderlying geopolitical vision that we are working with today.
● In seeking help to combat against global warming together, Prime
Minister Abe appealed to the representatives of the Indian people
that “There is no nation on earth for whom leading the fight against
climate change would be so entirely fitting, because no people has

had a harmonious coexistence with nature so central to theirphilosophy throughout history as the people of India.” This is now
embodied in India’s strong commitment to tackle climate change.
● On 11th of March, 2011, the Great East Japan Earthquake struck withmagnitude 9.0, followed by enormous Tsunami. 16 thousand people
have been reported to have died and 2500 people are still missing.
● Immediately after the disaster hit Japan, India sent us 27 thousands
blankets, 10 tons of bottled mineral water, and 10 tons of biscuits to
help the affected people.
● India also sent a 46-member team of NDRF, the Indian National
Disaster Response Force, that stayed for 2 weeks in Onagawa,which was one of the cities worst hit by the earthquake and tsunami.
The NDRF team helped in retrieving 7 bodies from the debris by
digging the earth with bare hands so as not to damage the bodies.
Their sensibility was much appreciated by the local community.
● Taking this opportunity, let me once again, express our deep
gratitude to all the assistance made by the NDRF as well as by all thepeople of India.
●

In December 2013, Their Imperial Majesties Emperor Akihito andEmpress Michiko of Japan visited India. Out of 6 days of their visit,
they spent 2 days here in Chennai. Some of you may recall theirmingling with the people at Guindy National Park.

● Their Majesties came to the Japanese Embassy in Delhi and had alook at a Bodhi tree in the garden. The tree was actually planted by
the Emperor himself 53 years before, in 1960, and has now grown tobecome a majestic tree. Reflecting afterwards, the Emperor statedthat during the visit, he felt the Indo-Japan relations had grown
greatly just like the Bodhi tree.
● In January 2014, Prime Minister Abe visited India as the chief guestof the Republic Day parade. He was the first premier from Japan tograce the ceremony.

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In September of the same year, Prime Minister Modi visited Japan,
and elevated our relations to “Special Strategic and Global
Partnership” status. Prime Minister Modi said that an enduring
spiritual partnership exists between the two countries.

● In December 2015, Prime Minister Abe visited India. This latest
visit resulted in a large number of significant achievements.
●

In the field of security cooperation, two Agreements relating totransfer of defence technologies were signed, and Japan was invited
to participate in the India-US joint exercise “Malabar” on a regularbasis. Now the 3 countries of Japan, America and India arecollectively referred to in the acronym JAI countries.

● For railways, both countries confirmed that Mumbai – Ahmedabad
high speed rail corridor will be developed with the use of Japanesehigh speed rail technologies -- that is the Shinkansen system.
Memorandum of Cooperation on technological cooperation in rail
sector was also signed at the same time. Japan and India are working
hard in order that Shinkansen will be operational in 2023 asscheduled.
● With respect to nuclear energy, both sides reached an agreement on
the “Agreement for Cooperation in the Peaceful Uses of Nuclear
Energy”.
● There were more achievements. One is the establishment of a 1.5
trillion yen financing facility for Japanese companies to set up
business in India by NEXI, Nippon Export and Investment
Insurance, and JBIC (Japan Bank for International Cooperation).
Another is the Japanese target of having 10 thousand Indian citizens
visit Japan through people to people exchange programs over the
coming five years. Yet another is the relaxation of Visarequirements on both sides.
● So, where do we go from here? The Prime Ministers have decided to
set a target to double Japan’s FDI and the number of Japanesecompanies in India within five years. Prime Minister Abe expressed
his intention to realize 3.5 trillion Yen of public and private
investment and financing from Japan in the same period. The
leaders have also expressed joint commitments in many other fields
that I did not touch upon today; such as cyber security, energy &mineral resources, regional cooperation, cultural exchange,science, information & communication technology, women,
healthcare, and others.
●

All these commitments may appear daunting and formidable.
However, given the strong relationship that the two countries havedemonstrated so far, I am convinced that we can achieve thesegoals.

● Prime Minister Abe stated that the Japan – India relationship is“blessed with the largest potential for development of any bilateralrelationship anywhere in the world”. On behalf of the governmentof Japan, I am committed to explore every possibility to realize
every potential we have between us. Here tonight, I would like torequest all of you to support us. Let us work together to further
strengthen our special strategic and global partnership.