Against the backdrop of increasing territorial tensions with China, the alliance between India and Japan is strengthening. The recent months have provided a series of tensions between China and its neighbors, the South China Sea (with the United States and several coastal states), the Doklam Plateau in Bhutan (with India), the East China Sea (with Japan).
The growing Chinese territorial pressure, coupled with the continued economic and military buildup, has led to a number of alliances in the region and one of the major ones is the tightening alliance between India and Japan, two superpowers interested to delimit China’s territorial expansion and restrict its influence.
Only a few weeks ago, it was published that India and Japan had announced a new Marine Silk Road project (AAGC – Asia – Africa Growth Corridor), parallel to the new Silk Road project (OBOR – One Belt One Rode) that China announced previously this year.
Now, a new announcement on a huge infrastructure project in India. A bullet train between Mumbai’s financial center and Ahmedabad, 500 km away.
The cost of the project is $ 17 billion, 80% of which is financed by a 50-year Japanese loan at annual interest of 0.1%. A related article can be found in the following link.