Japan announces $75b new plan to counter China in Indo-Pacific
Japan Prime Minister Fumio Kishida shakes hands with his Indian counterpart Narendra Modi before their meeting at the Hyderabad House in New Delhi, India on Monday.
Reuters :
Japan’s Prime Minister Fumio Kishida on Monday announced an expansive new plan for an open and free Indo-Pacific, promising billions of dollars in investment to help economies across the region in everything from industry to disaster prevention.
The plan announced in New Delhi is seen as Tokyo’s bid to forge stronger partnerships with countries in South and Southeast Asia to counter China’s growing assertiveness.
Kishida said the new free and open Indo-Pacific plan had “four pillars”: maintaining peace, dealing with new global issues in cooperation with Indo-Pacific countries, achieving global connectivity through various platforms, and ensuring the safety of the open seas and skies.