Japan's PM meets Chinese counterpart as relations thaw

Shinzo Abe's visit this week will be the first formal one by a Japanese prime minister in seven years

Shinzo Abe's visit this week will be the first formal one by a Japanese prime minister in seven years

China and Japan capped a restoration of ties with agreements on everything from currency swaps to ocean rescue Friday, a thaw that comes as President Donald Trump seeks better trade terms with both nations.

Ahead of his visit to Japan tomorrow for the annual bilateral summit with his counterpart Shinzo Abe, Prime Minister Narendra Modi said today that his visit is aimed at boosting trade and investment ties and bilateral cooperation in new areas. India and Japan will also explore collaboration opportunities on infrastructure projects in Sri Lanka, Bangladesh and Bhutan - all places where China has development initiatives in operation.

Li said the two sides should work on regional free trade deals such as the Regional Comprehensive Economic Partnership, which does not include the US, and on a free trade area between China, South Korea and Japan.

Shinzo Abe's three-day visit is expected to carve out new scope for cooperation between Asia's two biggest economies.

Mr Abe said they also planned to discuss North Korea and territorial frictions - calling to make "the East China Sea a sea of peace, friendship and cooperation". Now negotiating a Japan-US free trade deal, Abe does not want to be boxed into a US veto on any future Japan-China trade deal, as Mexico and Canada have been in NAFTA renegotiations.

The ministry is in close contact with Japan over Abe's visit and the Japanese side will brief Taiwanese officials on the results of the summit, Hsieh added.

Khashoggi affair 'won't drive wedge' btwn Saudi, Turkey
He seemed relaxed on the panel he shared with Bahrain's Crown Prince Salman bin Hamad al-Khalifa and Lebanon's Prime Minister Saad al-Hariri.

He said he hopes to commemorate the anniversary together with the Chinese side during his visit and have frank exchanges with Chinese leaders on both regional and world issues and move bilateral relations into a new phase.

The arrangement, which takes effect on Friday and lasts until October 25, 2021, will allow the exchange of local currencies between the two central banks for up to 200 billion yuan or 3.4 trillion yen ($30 billion), the BOJ said.

Gokhale said one of the areas forming a part of this discussion will be how India and Japan can collaborate in the context of the Indo-Pacific in Asia and in Africa and on capacity building and on infrastructure projects in a trilateral format - India, Japan plus one.

The Chinese premier said in a speech at Beijing's Great Hall of the People on Thursday that China and Japan should safeguard free trade and anchor global growth. "The same goes for Japan, in some sense", McGregor said. "The healthy, steady and long-term development of China-Japan ties is in the fundamental interests of the two countries' people, and represents common expectations of the global community".

"(Japan) is determined to settle the abduction, nuclear and missile issues as well as the unhappy past and normalize diplomatic relations (with Pyongyang)", Prime Minister Abe said. Although Japan's alliance with the US keeps the nation in lockstep with Washington on most geopolitical issues, Abe has moved to shore up economic ties with China - its biggest trading partner. Whereas a real warming of relations would be welcome in the region, the reality is that the hard security, economic, and political issues that have divided the two Asia giants remain and they can not be easily resolved. President Xi Jinping reciprocated Abe's gesture by refraining from criticizing Japan at the Nanjing Massacre commemorative events in December 2017.

Recommended News

  • May: Brexit deal '95% done'

    May: Brexit deal '95% done'

    Her Belfast allies have threatened to vote down her budget next week and there is talk of a party leadership challenge . At issue is the EU's proposed backstop policy for avoiding a hard border on the island of Ireland.
    Ruben Loftus-Cheek happy with competition at Maurizio Sarri's Chelsea

    Ruben Loftus-Cheek happy with competition at Maurizio Sarri's Chelsea

    However, the Italian did reveal that Chelsea are hoping to have him available to face Burnley in the Premier League on Sunday. It's a little problem and I don't know how to solve it", he added.
    Suspect in fatal shooting found dead

    Suspect in fatal shooting found dead

    The grieving mother also revealed that Lauren McCluskey complained to police about Rowland's behavior after their break-up. Around 8:20 p.m., university police received a report of a possible abduction in a parking lot outside a residence hall.
  • Jose Mourinho backed for Real Madrid return by former president Ramon Calderon

    Jose Mourinho backed for Real Madrid return by former president Ramon Calderon

    Madrid created very little, and the likes of Ronaldo and Bale were kept quiet by the Catalonian defence. There's no doubt Barcelona is likely to win, but don't be shocked if the unexpected happens.
    Floods raid Dead Sea school, rescue team search for missing students

    Floods raid Dead Sea school, rescue team search for missing students

    The private-school students and their adult chaperones were touring near the Dead Sea when the floods carried them away. A civil defence official was quoted on state television as saying that the number of casualties was expected to rise.
    Voter Registration, Absentee and Early Voting

    Voter Registration, Absentee and Early Voting

    There is at least one early voting center in every county, and 12 counties have more than one center. Downtown Dallas even featured a selfie station for those wishing to tout their early voting prowess.
  • Scottish Gossip: Aberdeen, Rangers, Hearts, Celtic, League Cup semi-finals

    Scottish Gossip: Aberdeen, Rangers, Hearts, Celtic, League Cup semi-finals

    Celtic sit third in Group B, and trail RB Leipzig by three points, and also trail group leaders RB Salzburg by six . Tom Rogic is missing with a knee issue, while Felip Benkovic's fitness is being montiored ahead of the game.
    Israeli army strikes Hamas targets in response to rockets from Gaza

    Israeli army strikes Hamas targets in response to rockets from Gaza

    In a rare move, the Israeli military threatened to carry out airstrikes in Syria against Syrian and Iranian targets in response. The rocket attacks followed the death of four Palestinians participating in a protest along Gaza's perimeter fence with Israel.
    'Luke Cage' Actor Mike Colter Reacts to Netflix Series Being Canceled

    'Luke Cage' Actor Mike Colter Reacts to Netflix Series Being Canceled

    There's no telling what Marvel and Netflix decide to do, but it's lovely to see so many fans keeping a positive outlook. Now, a new report suggests a decline in social media buzz may reflect the reasoning behind Netflix's decision.
  • Cavaliers still winless after loss at Detroit

    Cavaliers still winless after loss at Detroit

    Kyle Kuzma scored 22 points and JaVale McGee added 21 to complement James' 74th career triple-double, his first with his new team. Oladipo and Bogdanovic hit 3-pointers, and Collison knocked down a jumper from the corner and scored in the lane, to lead 81-66.
    Windies salvage tie to dampen 10000-club Kohli's day

    Windies salvage tie to dampen 10000-club Kohli's day

    Hope, who registered his second ODI ton, kept chipping away despite some tight bowling by the Indian pacemen and Holder´s run out. The West Indies spinners, especially senior pro Devendra Bishoo, could not deliver on a pitch that offered turn and played slow.
    Losing David De Gea will make Manchester United worse - José Mourinho

    Losing David De Gea will make Manchester United worse - José Mourinho

    The Chilean global is exhausted of being left out by his coach, Jose Mourinho , and thinking of moving on mid-season. Sanchez, 29, left Arsenal for United less than a year ago but it's not gone well for him.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.