TOKYO -- Japan will lend India up to 149.2 billion yen ($1.4 billion) for projects such as a subway in Mumbai, further boosting its aid for economic development in the South Asian country.
Foreign Minister Taro Kono and his Indian counterpart, Sushma Swaraj, reached the funding agreement Thursday during talks here. Japan will do all it can to promote India's development, Kono said at a joint news conference after the meeting, calling the country Tokyo's most important partner in the Indo-Pacific region.
