Overview

• Kyodo News reports that Tokyo is considering a decade-long private investment goal of about $68 billion to be signaled during Prime Minister Narendra Modi’s three-day trip starting August 29.
• Government sources cited by Kyodo say the target could appear in an outcome document after talks between Prime Minister Shigeru Ishiba and Modi.
• Japan and India are working on a new economic-security framework focused on stable supplies in semiconductors, critical minerals, communications, clean energy, artificial intelligence and pharmaceuticals.
• The two governments are arranging an AI cooperation initiative aimed at collaboration on the technology and related startups, according to the reporting.
• Modi is expected to visit Sendai to view an experimental shinkansen car and tour a major chip-making equipment maker during the trip, sources said.