Japan Visit To Boost Trade Ties, Cooperation In New Areas: PM Modi

Japan to sign peace treaty with Russia, Abe says

"Under the new situations, China and Japan, increasingly interdependent in bilateral areas, also share more common interests and concerns on multilateral occasions", Xi said.

China and Japan on Friday are set to forge stronger ties as both countries stood together at the signing a broad range of agreements including a $30 billion currency swap pact, amid rising trade tensions with Washington.

Japan's leader says the relationship between his country and China is entering a new phase, switching from competition to cooperation. "As countries with great influence in the region and the world, we should safeguard free trade".

Even though Abe spent just three days in China, observers said the trip was an important step in the two countries' rapprochement, and was partly triggered by the uncertainty that has grown up around the United States' policies in Asia since Donald Trump took over as U.S. president. Vijay Gokhale, India's Foreign Secretary, said that the meeting between Abe and Xi Jinping would have no bearing on his summit with Modi.

"The two sides are expected to build a new win-win cooperation mode including third-country market cooperation and open up new cooperation scope such as in new economies and innovation sectors", he said.

When Abe meets Li, they are likely to agree on the need to promote the interconnectivity of the region's economies amid China's deepening trade war with the United States.

Abe who arrived hours earlier on his first formal bilateral summit with Chinese leaders in seven years, said their two countries were playing "an indispensable role in the economic development of not just Asia but the world".

Diplomatic observers said the spat between China and the United States provided an excuse for Beijing to get closer to Tokyo, but said that tensions between the two could still erupt.

Japan shares US concerns about Chinese trade practices, but favors dialogue with Beijing over President Donald Trump's tariff strategy.

Following his arrival in Beijing, Abe is slated to attend a reception to celebrate the 40th anniversary of a peace and friendship treaty between the two countries.

China claims the Japanese controlled islets are part of its territory and the move sparked a wave of protests across the country and anti-Japanese sentiment.

"The visit is characterised both by the special strategic and global partnership that we established with Japan and by the personal relationship the prime minister has evolved with his counterpart PM Abe of Japan", said Gokhale.

Prime Minister Narendra Modi on Friday described India and Japan a "winning combination" and said the island nation is New Delhi's most trusted partners in its economic and technological modernisation. Meanwhile, both countries agreed to cooperate on search and rescue operations and also on efforts to resolve the North Korea nuclear issue.

"Sino-Japanese relations are back to their normal trajectory, and showing consistent improvements", Mr Li said.

"With the development of China, the time has come for China and Japan to contribute to the world". When asked whether that included China's crackdown on rights lawyers or its arbitrary detention of perhaps as many as one million ethnic Uighurs and other Muslim ethnic minorities in western Xinjiang, Abe's spokesman Osuga declined to comment.

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