India and Japan Strengthen Financial Ties at Tokyo Dialogue

India and Japan have agreed to enhance financial cooperation as discussed in the second India-Japan Finance Dialogue in Tokyo. The meeting covered macroeconomic situations, bilateral and third-country cooperation, and financial sector regulations. Discussions also included financial digitalisation and investment expansion, with plans for future dialogues in New Delhi.

India and Japan have taken significant steps to bolster financial cooperation and strengthen bilateral ties during the second India-Japan Finance Dialogue held in Tokyo, as announced by the finance ministry.

The dialogue saw both nations exchanging views on their respective macroeconomic situations. Key topics of discussion included third-country cooperation, bilateral financial collaboration, and pressing international issues. Additionally, issues such as financial regulation, supervision, and digitalisation were extensively covered.

This high-level meeting also included representatives from Japan's financial services industry, who engaged in discussions aimed at broadening investment opportunities in India. Both sides agreed to continue their dialogue and explore holding the next meeting in New Delhi to further their financial relationship.

(With inputs from agencies.)