Japan and India plan to enhance their economic influence in Central Asia through a proposed Japan-India Eurasia Investment Partnership, following Prime Minister Modi’s recent visit to Tokyo.
This partnership aims to combine Japanese funding with Indian execution capabilities for initial projects involving logistics, renewable energy, and agro-processing plants.
The report highlights underleveraged investments in Chabahar Port and the International North-South Transport Corridor, which could be made reliable with Japanese support.
Joint industrial parks in Uzbek and Kazakh markets could create jobs, leveraging India’s competitive manufacturing and Japan’s advanced technology.
Both countries aim to provide a credible alternative to China’s Belt and Road Initiative, with Japan committing 10 trillion yen in private investment in India over five years and initiating a mobility program for skilled Indian workers to Japan.
Source – sarkaritel.com
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