Prime Narendra Modi will have wide ranging talks with his Japanese counterpart Shinzo Abe at 11th India Japan annual summit today in Tokyo which will include security, trade and investment, skill development and infrastructure development.
Several agreements will be signed after talks between the two leaders. Mr. Modi who arrived in Tokyo last night will also address Japanese business leaders. India Japan economic relations have vast potential in view of complementarities between the two Asian economies."Prime Minister Narendra Modi began his day with a call on to Japan’s
emperor Akihito. Now he will address India - Japan Business Forum where he will have detailed interaction with top business leaders from India and Japan, to look for ways to further strengthen the trade and investment ties.
Bilateral trade at 14.51 billion dollars witnessed a decline of about 6.5 per cent in 2015-16 as compared to 2014-15. Our export to Japan was 4.66 billion dollars while import stood at 9.85 billion dollars. Prime Minister during his talks with Mr. Abe and Japanese business community may try to address this downward trend in bilateral trade.