New Delhi. Minister of State (MoS) for Home Affairs Kiren Rijiju said that the relation between India and Japan are rooted in long history and both the countries share common values such as commitment to democracy, supremacy of law, human rights and global peace.
Mr Rijiju was addressing the seminar on ‘Indo-Pacific Region: Converging India-Japan interests’, organised by Observer Research Foundation (ORF) in New Delhi February 13.
Sixty four years have passed since both India and Japan established their diplomatic relations and during this period, they have been able to build a very robust partnership based on mutually convergent strategic and economic interests, he added.
On Strategic ties, the Minister said that India and Japan have signed a Declaration on security cooperation and taken several steps to strengthen the cooperation in defence production and civil nuclear energy. He also highlighted Japan’s participation in the Malabar joint exercises for maritime security.
Mr Rijiju, on India-Japan economic ties, said that Japan is supporting several mega-infrastructure projects like the Delhi-Mumbai Freight Corridor, Delhi-Mumbai Industrial Corridor, Chennai-Bangalore Industrial Corridor and Mumbai-Ahmadabad high speed railway. He said that both countries have also entered into a comprehensive economic partnership agreement to boost trade and investment. Japanese private investment has made a great impact particularly on the automobile sector in India, he added.
The MoS said that India has been the biggest recipient of Japan’s Official Development Assistance (ODA) loans since 2003. Japanese aid has flowed into several critical sectors such as power, transport, communication, irrigation, connectivity projects in Northeast India, modernization of railways and ports.