India, Aug. 28 -- Japan's trade negotiator Ryosei Akazawa cancelled a visit to the US at the last minute on Thursday.

This comes ahead of Prime Minister Narendra Modi's two-day visit to Japan on August 29-30 at the invitation of Japanese Prime Minister Shigeru Ishiba.

Akazawa was scheduled to visit the US on Thursday to formalise confirmation of the $550 billion package and its financial details, such as the split of returns between the two countries, per Reuters.

According to Yoshimasa Hayashi, a spokesperson for the Japanese government, "It was found that there are points that need to be discussed at the administrative level during coordination with the American side. Therefore, the trip has been cancelled."

The US and Japan had rea...