On the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank Group in Bangkok, Finance Minister Nirmala Sitharaman met her Japanese counterpart, Satsuki Katayama.
The ministers reviewed the India-Japan Strategic Global Partnership and welcomed Japan’s commitment to facilitate 10 trillion Japanese yen in private investment into India.
FM Sitharaman also handed over a written invitation to the Japanese side to visit India in 2027 to mark the 75th anniversary of diplomatic relations through high-level engagements.
The ministers also discussed cooperation between the RBI and the Bank of Japan, including a formal FinTech cooperation framework, CBDC use cases, and sharing India’s UPI experience as Japan modernises its Zengin system in 2027.
Both sides noted the potential to further deepen India-Japan economic and financial cooperation.
(Photo Source: @FinMinIndia)
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