The Ministry of Mines of India and Japan's Ministry of Economic system, Commerce and Business (METI) signed a Memorandum of Cooperation within the area of Mineral Sources in August 2025. Each nations additionally deepened collaboration by means of Toyota Tsusho's uncommon earth refining undertaking in Andhra Pradesh, which goals to ascertain a steady provide chain for uncommon earth supplies, the factsheet stated.
India and Japan have welcomed the initiative for selling battery provide chain cooperation, together with the enterprise matchmaking and roundtable organised in India by JETRO and the Authorities of Japan on battery and important minerals provide chain, with participation of over 70 firms and authorities organisations, it added.
The India-Japan Particular Strategic and International Partnership, anchored in shared values and mutual respect, stays essential to advancing the safety and prosperity of each nations. Cooperation in financial safety is a key pillar of this partnership, stemming from a rising convergence in strategic outlook and financial imperatives, the doc underlined.
As per the MEA, India and Japan launched the primary spherical of the Dialogue on Financial Safety, together with Strategic Commerce and Know-how, on the Overseas Secretary/Vice Overseas Minister degree in November 2024. The 2 sides shared coverage views on overseas coverage and safety challenges arising from financial interlinkages.
The MEA factsheet pressured that New Delhi and Tokyo, recognising their shared curiosity in safeguarding essential financial pursuits within the backdrop of evolving international challenges, are dedicated to deepening cooperation throughout authorities, trade, and academia. The partnership, it famous, is anchored in a typical imaginative and prescient for a rules-based financial order within the Indo-Pacific and past.Prime Minister Modi is on a two-day official go to to Japan, scheduled from August 29 to 30, the place he attended the fifteenth India-Japan Annual Summit. Following his go to to Japan, the Prime Minister will head to China for the Shanghai Cooperation Organisation Summit in Tianjin.