Kuala Lumpur, Nov 21 (PTI) : Prime Minister Narendra Modi today met his Japanese counterpart who said Indo-Japan ties have the greatest potential of any bilateral relationship in the world.

The two leaders met on the sidelines of 13th ASEAN-India Summit in Kuala Lumpur.

"Working through lunch with an old friend. PM @AbeShinzo hosts PM @narendramodi for the second bilateral," External Affairs Ministry Spokesman Vikas Swarup tweeted.

Earlier Prime Minister Modi met his Chinese counterpart Li Keqiang.

"The India-Japan relationship has the greatest potential of any bilateral relationship in the world," Prime Minister Shinzo Abe was quoted by Mr Swarup as saying.

The meeting comes ahead of Mr Abe's visit to India on December 11 to hold annual summit talks with PM Modi and take further the already close relations between the two major Asian economies.

In the 9th annual Indo-Japan summit talks, PM Modi and PM Abe are likely to review implementation of various decisions taken in course of last one year to boost ties, particularly in the trade and investment sector.

Prime Minister Modi had visited Japan from August 30 to September 3 last year during which Japan had announced doubling of its private and public investment in India to about USD 34 billion over a period of five years.