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India, Japan launch economic security dialogue to strengthen industrial and technological resilience

Rama Posted on: 2024-11-28 11:25:00 Viewer: 462 Comments: 0 Country: Japan City: Goshogawara

India, Japan launch economic security dialogue to strengthen industrial and technological resilience India, Japan launch economic security dialogue to strengthen industrial and technological resilience

India and Japan inaugurated their first-ever Dialogue on Economic Security in Tokyo on Wednesday, focusing on bolstering industrial and technological resilience. The dialogue included discussions on strategic trade and technology, with senior officials and experts from both nations in attendance.

The meeting was co-chaired by India’s Foreign Secretary, Vikram Misri, and Japan’s Vice Minister of Foreign Affairs, Masataka Okano, along with representatives from key ministries and agencies. According to an official release by the Ministry of External Affairs (MEA), the dialogue was initially announced during the India-Japan 2+2 Ministerial meeting in New Delhi on August 20, 2024.

The discussions highlighted economic security policies and the need for collaboration to strengthen critical infrastructure and build resilient supply chains. Both sides emphasized fostering partnerships between businesses and academic institutions to advance industrial and technological growth.

In addition to economic measures, the dialogue explored talent exchange and upskilling initiatives in mutually beneficial sectors. Recognizing the importance of human resource development, both nations reaffirmed their commitment to achieving concrete outcomes through sustained cooperation.

Describing the dialogue as a “timely and significant step,” the two countries reiterated their dedication to reinforcing their Special Strategic and Global Partnership. This partnership, underpinned by shared values, has become a cornerstone of advancing bilateral economic, technological, and strategic ties.

The MEA highlighted the historical depth of the India-Japan relationship, tracing its roots to ancient cultural and religious exchanges. Examples include the influence of Hindu traditions on Japan’s Shichifukujin (seven lucky gods) and Indian monk Bodhisena’s role in consecrating the Todaiji Temple statue in 752 AD. In modern times, figures like Netaji Subhas Chandra Bose and JRD Tata have further strengthened bilateral ties.

Today, the Indian diaspora of over 40,000 in Japan, particularly in areas like Tokyo’s Nishikasai, continues to foster these dynamic relations. Established in 1903, the Japan-India Association remains Japan’s oldest international friendship organization, symbolizing the enduring bond between the two nations.

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