Explore Business Standard
Defense Stocks
Amidst tension between India and the US over the alleged targeting of Sikh separatists by India, National Security Advisor Jake Sullivan spoke over the phone with his Indian counterpart Ajit Doval during which they discussed regional security developments, bilateral issues including defence cooperation. The two leaders also discussed the need for further efforts to ensure stability in the Indo-Pacific region and globally, the White House said on Wednesday in a readout of the call. "They welcomed progress in the bilateral partnership, including through the upcoming Initiative on Critical and Emerging Technology (iCET) Intersessional and Indian Ocean Dialogue. They also discussed further opportunities for closer collaboration in key domains, including clean energy supply chains and defence cooperation, it said. The two leaders spoke over the phone on Wednesday. They also discussed further opportunities for closer collaboration in key domains, including clean energy supply chains and
Japan's new Prime Minister Shigeru Ishiba pledged to stick to the vital Japan-US alliance while calling for it to be more equitable after he took office on Tuesday, vowing to tackle a slow economy and regain public trust before an upcoming election. Shigeru Ishiba replaced Fumio Kishida, who stepped down to pave the way for a fresh leader after scandals dogged his government. In a show of Japan's respect to its most important ally, the US, Ishiba spoke by telephone with President Joe Biden early on Wednesday and told reporters he reassured Biden of his plan to further strengthen the Japan-US alliance that Biden and Kishida have significantly elevated. His new Cabinet emphasises defence and a majority of its members, including Ishiba himself, are unaffiliated with factions led and controlled by Liberal Democratic Party heavyweights, and none is from the late Shinzo Abe's faction that has been linked to damaging misconduct. Speaking to reporters at the prime minister's office for the
Japanese Prime Minister Fumio Kishida vowed to step up his country's effort to defend a rules-based international order in a peace pledge made Thursday on the 79th anniversary of Japan's defeat in World War II. We will never again repeat the tragedy of war and will stick to the country's postwar pacifist resolve, he said at a solemn ceremony at the Budokan hall. In the world where tragic battles have persisted, Japan will continue its effort to maintain and strengthen the rules-based, free and open international order and endeavor to resolve difficult global issues, Kishida said. Kishida noted the more than 3 million Japanese killed, the destruction and the lives lost from bloody ground battles on Japan's southern island of Okinawa, fire-bombings across Japan, and the atomic attacks on Nagasaki and Hiroshima. He did not mention or apologize for Japanese aggression across Asia or millions of lives lost there. The omission follows a precedent set by then-Prime Minister Shinzo Abe in