Interviews
Kamal Nath hails Japan's role as largest ODA contributor
16 Apr '07
3 min read
Shri Kamal Nath hailed Japan's role as the largest contributor of ODA (Overseas Development Assistance) to India and stressed that the Delhi-Mumbai Industrial Corridor project as well as the EPA negotiations would significantly enhance bilateral trade and economic ties. He also reiterated India's support to Japan's proposal for an East Asian Economic Region (ASEAN + 6).
Mr. Amari in his address referred to the series of measures initiated since the visit of Prime Minister Dr. Manmohan Singh to Japan in December 2006 to strengthen Indo-Japan relations.
The DMIC, he said, was extremely important as it would accelerate Japanese investment in India, rapidly develop India's infrastructure sector including industrial parks, roads, ports, rail connectivity etc, along the routes and facilitate exports from the regions covered by the Corridor. He said that he would come to India with a large business delegation in July, ahead of Prime Minister Shinzo Abe's visit to the country.
Shri Sunil Munjal, Past President, CII said that in the last one year there had been increased investment from Japan and trade was also expanding rapidly, although it was still far below the potential. Bilateral trade in 2005-06 went up by 22% to over US $ 6.5 billion.
Shri J. Godrej, in his concluding remarks, said a new era was being witnessed in Indo-Japan relations with high levels of engagement, which would have a positive impact not only on bilateral relationsbut also on the process of regional economic integration in Asia.
The interactive session was also attended by Mr. Toshiaki Kitamura, Vice Minister for International Affairs, METI; Mr. Masakazu Toyoda, Director General, Trade Policy Bureau, METI; Shri G.K. Pillai, Commerce Secretary and Mr. Yasukuni Enoki, Ambassador of Japan to India.
Mr. Amari in his address referred to the series of measures initiated since the visit of Prime Minister Dr. Manmohan Singh to Japan in December 2006 to strengthen Indo-Japan relations.
The DMIC, he said, was extremely important as it would accelerate Japanese investment in India, rapidly develop India's infrastructure sector including industrial parks, roads, ports, rail connectivity etc, along the routes and facilitate exports from the regions covered by the Corridor. He said that he would come to India with a large business delegation in July, ahead of Prime Minister Shinzo Abe's visit to the country.
Shri Sunil Munjal, Past President, CII said that in the last one year there had been increased investment from Japan and trade was also expanding rapidly, although it was still far below the potential. Bilateral trade in 2005-06 went up by 22% to over US $ 6.5 billion.
Shri J. Godrej, in his concluding remarks, said a new era was being witnessed in Indo-Japan relations with high levels of engagement, which would have a positive impact not only on bilateral relationsbut also on the process of regional economic integration in Asia.
The interactive session was also attended by Mr. Toshiaki Kitamura, Vice Minister for International Affairs, METI; Mr. Masakazu Toyoda, Director General, Trade Policy Bureau, METI; Shri G.K. Pillai, Commerce Secretary and Mr. Yasukuni Enoki, Ambassador of Japan to India.
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