Tokyo: Prime Minister Narendra Modi on Friday said it is important for India and China to work together to bring stability to the world economic order as he asserted that New Delhi is ready to advance bilateral ties from a strategic and long-term perspective based on mutual respect, mutual interest and mutual sensitivity.

IMAGE: Prime Minister Narendra Modi addresses the gathering during the India-Japan Business Event, in Tokyo on Friday. In an interview with The Yomiuri Shimbun published during his ongoing visit to Japan, Modi also asserted that stable, predictable, and amicable bilateral relations between India and China, as two neighbours and the two largest nations on earth, can have a positive impact on regional and global peace and prosperity.

Asked about the importance of improving relations with China at this time, Modi said, "At the invitation of President Xi Jinping, I would be travelling to Tianjin from here to take part in the SCO Summit. Since my meeting with President Xi in Kazan last year, steady and positive progress has been made in our bilateral ties."

Stable, predictable, and amicable bilateral relations between India and China, as two neighbours and the two largest nations on earth, can have a positive impact on regional and global peace and prosperity, he said.

This is also crucial for a multi-polar Asia and a multi-polar world, he added.

India is ready to advance bilateral relations from a strategic and long-term perspective on the basis of mutual respect, mutual interest and mutual sensitivity, and to enhance strategic communication to address our developmental challenges, he said. On his views on the Japanese government's concept of a free and open Indo-Pacific, Modi said there is a strong convergence between Japan's vision of a free and open Indo-Pacific and India's own approach encapsulated in our Indo-Pacific vision, in the 'Vision MAHASAGAR' and the Indo-Pacific Oceans' Initiative.