India and Japan Sign Action Agenda

The Commerce Minister of India Smt. Nirmala Sitharaman and Japanese Minister of Economy, Trade and Industry Mr. Yoichi Miyazawa today signed an action agenda for India-Japan investment and trade promotion and Asia-Pacific economic integration in the capital. The action agenda contains five items that are absolutely integral in furthering the trade relations between India and Japan.  The five agenda points included in the action agenda are:

i) Development of selected townships in India as Japanese industrial townships.

ii) Promotion of investment and infrastructure development.

iii) Further development and cooperation in information technology.

iv) Enhancing cooperation in strategic sectors.

v) Asia-Pacific economic integration.

Signing of this action agenda is a step further in improving the trade relationship between India and Japan as a follow-up of India’s Prime Minister Shri Narendra Modi’s visit to Japan last year. Excellent relations were building up between the two countries which would provide opportunity and potential for people in both the countries as a win-win situation. The interaction with Japanese Trade Minister involved not only both the countries but also had partnership and dialogue between private sector of the two countries represented by a strong delegation CEOs from both the countries.

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