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The third annual strategic dialogue between India and Japan was held in Tokyo on Friday where the economic partnership agreement was decided to take a fast track.


India, Japan Economic Pact On Fast Track
Last Updated: 2009-07-03T15:10:33+05:30
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India and Japan on Friday held the third annual strategic dialogue in Tokyo where they have decided to fast-track the negotiations on a all-inclusive economic partnership agreement. 

Indian External Affairs Minister S.M. Krishna held talks with his Japanese counterpart Hirofumi Nakasone on a wide range of bilateral and global issues.

The two nations have also decided to push the dedicated freight corridor and Delhi-Mumbai Industrial Corridor projects that have emerged as symbols of growing economic partnership between the two countries.

"We are making progress in our negotiations on a Comprehensive Economic Partnership Agreement. Foreign Minister Nakasone and I agreed on the necessity of concluding a high quality and mutually beneficial agreement," Krishna told reporters in Tokyo after the meeting.

Climate change figured prominently in the discussions. The two nations have agreed to work together for "an equitable and fair outcome" at Copenhagen summit in December. India expects the new deal will ensure "that developing countries are able to continue their economic growth at an accelerated pace to give our people a better quality of life", Krishna said. 

Krishna stressed that India "will participate constructively in negotiations on nuclear disarmament".

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