Indo-Japanese trade relations flourishing after 76 yrs
After a gap of 76 years, the trade relations between India and Japan are flourishing again, said Dr Aftab Seth, a foreign policy expert on Thursday....
After a gap of 76 years, the trade relations between India and Japan are flourishing again, said Dr Aftab Seth, a foreign policy expert on Thursday. Dr Seth, former ambassador to several countries including Japan, was delivering the keynote address at Maulana Azad National Urdu University (MANUU).
His address was part of the ‘Distinguished Lecture Series’ of the Ministry of External Affairs which was hosted by the Department of Public Administration and Political Science of the university. Delivering a talk on Indian Foreign Policy and Japan Dr Seth said that in 1939, India, then under British colonial rule, was the third largest trading party with Japan.
“Since then there have been several ups and downs in the relations with Japan with which India established diplomatic relations in 1952. Coming to the present scenario, Japanese companies have made an investment of $15.359 billion in India between April 2000 and December 2013 making Japan the fourth largest investor in India,” explained Dr Seth.
He added that two major events took place in 2014. One, that the Prime Minister of Japan was the chief guest at the Republic Day Parade on January 26 and two that Indian Prime Minister Narendra Modi visited Japan in September the same year.Underscoring the ‘strategic threat’ from China to India the former ambassador said that cooperation between India and Japan goes beyond South East Asia and covers many areas where China too has been trying to find toehold or deepen its roots.
The programme was presided by Dr Khwaja M Shahid, Pro Vice Chancellor. Prof. S M Rahmatullah, In-charge Registrar and Dean School of Arts and Social Sciences were the guest of honour. Dr Kaneez Zehra, Head Depart of Public Administration and Political Science, welcomed the audience and introduced the chief guest Dr Seth.