Thursday, July 2, 2026

INDIA AND JAPAN HOLD SUMMIT IN NEW DELHI WITH ENERGY SECURITY, DEFENCE AND DE-DOLLARISATION ON THE AGENDA

Indian Prime Minister Narendra Modi and Japanese Prime Minister Sanae Takaichi are holding their annual summit in New Delhi on Thursday, with joint declarations on economic security and artificial intelligence cooperation expected.

Prime Minister Takaichi arrived in the Indian capital on Wednesday evening, accompanied by representatives from more than a hundred and fifty Japanese companies and business organisations.

One issue on the table is whether the two countries could move away from using the US dollar to settle bilateral trade.

Ishan Garg has more from New Delhi.

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Ishan Garg, reporting from New Delhi, says analysts expect the two leaders to discuss ways to counterbalance China's growing influence in the Indo-Pacific, including cooperation on critical minerals and rare earths.

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