International
During Prime Minister Narendra Modi’s visit to Tokyo on August 29, 2025, India and Japan adopted a new Joint Declaration on Security Cooperation, updating their 2008 framework and marking a significant step forward in their strategic partnership. Defence and Security Cooperation The declaration commits both nations to enhance interoperability and strategic coordination
Business
Japan and India are preparing to relocate production of legacy semiconductor chips, LCD panels, and battery technologies from Japan to India. The initiative is designed to strengthen economic security and reduce reliance on Chinese manufacturing, especially in sectors critical for consumer electronics and electric vehicles. The move focuses on “legacy” technologies, which
International
Japan’s chief trade negotiator, Ryosei Akazawa, has canceled a planned trip to Washington meant to conclude talks on a $550 billion investment package tied to tariff relief. The visit was postponed after unresolved details in the agreement remained unsettled. Investment Deal Linked to Tariff Cuts The proposed deal, agreed in principle in July, would lower […]
International
Prime Minister Narendra Modi left for Tokyo tonight on his first standalone visit to Japan in seven years. He will take part in the 15th India–Japan Annual Summit on August 29–30, focusing on trade, defense, investment, and technology cooperation. Addressing Trade Tensions and Economic Priorities The trip comes against the backdrop of steep U.S. tariffs […]
International
Japan revealed that the United States made a clerical error in calculating the “reciprocal” tariff rate. As a result, the effective rate on Japanese goods entering the U.S. will be lower than initially announced. What Went Wrong Japan’s chief trade negotiator, Ryosei Akazawa, explained that the original figure overlooked an agreed-upon tariff ceiling for Japan. […]