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Tuesday, 26th October 2010
In General Japan News,

Japan agrees trade deal with India

Japan's prime minister has announced plans for a new economic partnership agreement with India.

Following talks with Indian prime minister Manmohan Singh, the two governments are hoping the new deal could also improve talks on civilian nuclear cooperation.

"We were able to confirm and believe firmly in the deepening of the strategic global partnership between Japan and India," said Mr Kan, reports Japan Times.

"We also confirmed that we will strengthen cooperation in the field of our security and economy."

The trade deal could mean the removal of tariffs of a number of key products including car parts and electronic goods as well as supporting the joint promotion of investments.

According to Japanese officials, the new agreement could be signed before the end of the year and put before the Diet at the start of 2011.

The prime ministers have also announced their commitment to the East Asia Summit and its role in promoting peace and stability in the region.

Written by Mark Smith

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