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India-Japan Special Strategic Partnership: Strengthening Economic and Defense Ties for Indo-Pacific Stability

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India and Japan have reaffirmed their Special Strategic and Global Partnership through high-level talks focusing on defense, advanced manufacturing, and pharmaceutical cooperation. The discussions emphasized the role of MSMEs and the Comprehensive Economic Partnership Agreement (CEPA) in ensuring a resilient and stable Indo-Pacific region.

India and Japan have once again underscored the depth of their 'Special Strategic and Global Partnership' during high-level talks in New Delhi. Led by Foreign Secretary Vikram Misri and Commerce Minister Piyush Goyal, the discussions with a high-level Japanese delegation aimed to translate strategic intent into actionable economic and security outcomes. This meeting highlights the continued convergence of India’s 'Act East' policy and Japan’s vision for a 'Free and Open Indo-Pacific' (FOIP). A primary focus of the dialogue was the evolution of the Comprehensive Economic Partnership Agreement (CEPA). While the agreement has been a pillar of bilateral trade since 2011, both nations are now exploring future pathways to make it more responsive to contemporary challenges, such as supply chain disruptions and digital trade. The emphasis on Micro, Small, and Medium Enterprises (MSMEs) is particularly significant. By integrating Indian MSMEs into Japanese global value chains, India seeks to boost its manufacturing capabilities under the 'Make in India' initiative, while Japan gains a resilient partner in its 'China Plus One' strategy.

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