South Asia and Beyond

Japan’s $42 Billion Bet: Ukraine Matters, India More So

 Japan’s $42 Billion Bet: Ukraine Matters, India More So
NEW DELHI: Ahead of Japanese Prime Minister Fumio Kishida’s visit, the announcement from Tokyo of a $42 billion low interest loan commitment to India sparked some speculation. It was combined with Kishida’s publicly voiced intention, when he met Narendra Modi, to encourage a unified approach on Ukraine. Kishida was quoted as saying: “Since the Russian invasion of Ukraine coincides with this trip, I’d like to emphasize the importance of international unity …” Was Kishida’s loan a carrot to get India onto the U.S.-led bandwagon opposing the Russian invasion of Ukraine? If that was indeed the case, there is no indication of India succumbing....Read More

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Surya Gangadharan

Thirty eight years in journalism, widely travelled, history buff with a preference for Old Monk Rum. Current interest/focus spans China, Technology and Trade. Recent reads: Steven Colls Directorate S and Alexander Frater's Chasing the Monsoon. Netflix/Prime video junkie. Loves animal videos on Facebook. Reluctant tweeter.


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