India and Japan signed several far-reaching agreements in different fields, including economic and energy security, pharmaceuticals, defence and AI during the summit level talks between Japanese PM Takaichi Sanae and Narendra Modi.
On Thursday the 2nd of July 2026 both Modi and Takaichi reviewed and strengthen the full spectrum of bilateral cooperation as well as exchange views on regional and global issues of mutual interest.
Addressing the Joint Press Meet following the talks, Prime Minister Modi said mutual trust is the biggest asset in today’s time and the India-Japan bilateral partnership has stood the test of time.
Modi highlighted that India and Japan are among the world’s biggest economies today, and a free and open Indo-Pacific is a shared priority for both countries.
He stressed that both nations understand the importance of economic security and energy security. He added that technology partnership will be the most important pillar of India-Japan cooperation.
Both countries also issued a Joint Statement in the field of AI.
Agreement was also reached to deepen cooperation on strategic crude oil stockpiling, petroleum reserve mechanisms, and maritime energy transport value chains.
It comes after annual summit-level talks between Prime Minister Narendra Modi and his Japanese counterpart Sanae Takaichi in New Delhi this afternoon. According to a joint statement issued by the Ministry of Petroleum and Natural Gas of India and Japan’s Ministry of Economy, Trade and Industry on Energy Resilience, both sides expressed their shared intention to work as responsible powers and major energy-consuming countries in Asia to strengthen energy resilience amid current geopolitical uncertainties.
The Japanese Prime Minister arrived in New Delhi last evening on a three-day visit to India.
This is her first official visit to India as Prime Minister of Japan.
The External Affairs Ministry said the visit marks an important step in taking forward the Special Strategic and Global Partnership between India and Japan.
Both the leaders had earlier met on the sidelines of the G20 Summit in Johannesburg in November last year while this Annual Summit remains the flagship platform driving the strategic agenda of the partnership.
Economic Security has emerged as a key pillar of the relationship. During the 1st Economic Security Dialogue held in Tokyo in November 2024, the two sides identified five sectors as priority sectors for strategic collaboration. These are semiconductors, critical minerals, pharmaceuticals, clean energy and information and communication technology.
