JAPAN-INDIA 2LST

India and Japan are also involved in the negotiations for
a Comprehensive Economic Partnership Agreement (CEPA). Japan
is the sixth largest investor in India.
The pact is expected to slash tariff duties on around
9,000 products, ranging from steel and apparel to drugs and
machinery, and give a big boost to bilateral trade which was
estimated to be around USD 12 billion in 2008-09.
The two sides are also involved in high-tech trade after
Japan removed 11 Indian companies from the list of end-users
and added four new ones recently, generating a positive
momentum in bilateral ties.
Saturday's meeting is the first ministerial meeting after
2+2 (security and strategic) dialogue here on July 6 during
which the two countries discussed issues ranging from
counter-terrorism to the UN reforms. PTI PYK
RBT


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