Home / BUSINESS / Shinzo Abe lauds Narendra Modi’s initiatives against economic fugitive – Economic Times

Shinzo Abe lauds Narendra Modi’s initiatives against economic fugitive – Economic Times

NEW DELHI: Japanese Prime Minister Shinzo Abe on Thursday lauded PM Narendra Modi’s initiative on proposed measures by G-20 against fugitive economic offenders, indicating that the summit of 20 most powerful economies under Tokyo’s presidency on Friday and Saturday will address this issue as a priority.

Briefing the media about the Modi-Abe meet in Osaka on the eve of G-20 Summit, foreign secretary Vijay Gokhale said the two PMs had a very constructive and detailed discussion on the bilateral relationship. They also discussed climate change, disaster management, bullet train project and Indo-Pacific partnership among other issues.

“It was a very warm meeting, both leaders are old friends. They had a constructive and detailed discussion on the bilateral relationship,” Gokhale said. “Abe referred specifically to PM Modi’s initiative in earlier G-20 meetings on the issue of fugitive economic offenders and he said G-20 should deal with this problem as part of its anti-corruption measures.”

Abe initially began discussion with his expectation from the G-20 summit. They spoke about the importance of focussing on global economy, Gokhale said.

The two leaders emphasised the need to jointly take projects in the neighbourhood. ET has learnt that Modi mentioned that one of the important projects India and Japan are taking forward is setting up a cancer hospital in Kenya. He also sought Japan’s assistance in building disaster resilient infrastructure. Modi said Japan’s support in this area is crucial because of its experience in disaster management, rehabilitation and reconstruction.

Modi also said President Ram Nath Kovind will participate in the coronation ceremony of Emperor Naruhito in October.

Gokhale said both the prime ministers will meet again on Friday for a trilateral meeting between Japan, India and the US. “There was a brief discussion on the Indo-Pacific initiative that all three countries are separately pursuing and discussing together,” he said

Shinzo Abe lauds Narendra Modi’s initiatives against economic fugitive – Economic Times

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