India–Japan relations co-operate on technology. India and Japan concluded a security pact on 22 October 2008. Japanese Prime Minister Shinzo Abe is seen by some to be an "Indophile" and, with rising tensions in territorial disputes with Japan's neighbors, has advocated closer security cooperation with India. In July 2014, the Indian Navy participated in Exercise Malabar with the Japanese and US navies, reflecting shared perspectives on Indo-Pacific maritime security. India is also negotiating to purchase US-2 amphibious aircraft for the Indian Navy. Japan and India have strong cultural ties, based mainly on Japanese Buddhism, which remains widely practiced through Japan Today. The
Kozo Yamamoto appointed his ministerships in 2016. Yamamoto is a known advocate of reflation policies, and is one of the first to argue for using monetary easing tools to overcome deflation in Japan. As a longtime critic of the Bank of Japan's monetary tightening policies in the Diet, he chaired multiple study groups on monetary policy when the LDP was out of power, and appealed to Shinzo Abe the need for quantitative easing. Yamamoto proposed the consumption tax increase of April 2014 to Abe Shinzo, and advised swift action. He also advocated for basic allowances and various public-works projects for low-income earners