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India-Japan relations

INDIA-JAPAN BILATERAL SWAP ARRANGEMENT (BSA) EXPLAINED

India and Japan renewed their USD 75 billion Bilateral Swap Arrangement, providing a two-way liquidity buffer to manage currency volatility and reinforce investor confidence. Beyond economic stability, it strengthens their Special Strategic and Global Partnership, signaling deep trust and supporting macroeconomic resilience amid global uncertainty.

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INDIA-JAPAN RELATIONS: STATUS, CHALLENGES, WAY FORWARD

India and Japan’s “Special Strategic and Global Partnership” is deepening under the Takaichi government, aligned on a Free and Open Indo-Pacific and countering China. Japan plans a 5 trillion JPY investment, with focus on security (ACSA), supply chains (SCRI), critical technologies, and skilled workforce mobilit

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