MEA Jaishankar says Japan is a trusted partner
There has never been a better time to seize the business opportunities that exist between India and Japan, according to Toshihide Ando, Charge De Affairs, Embassy of Japan.
“It is important to create robust supply chains to meet the global demand,” he pointed out at the launch of FICCI-SAM report ‘India-Japan: Time to Seize New Opportunities’.
Both ountries have a strong socio-economic relationship and together they can solve a lot of global challenges, believes Ando.
Speaking at the same launch, External Affairs Minister Dr Subrahmanyam Jaishankar emphasized the strong India-Japan economic relations, adding that strategic autonomy is a new horizon which is opening up as an area of cooperation between the two countries.
“Japan is among the trusted partners for India and a great source of inspiration. As we both look at the world with a radically different world order, we are the two countries whose shared values make us the natural partners,” he said.
Elaborating on the future business opportunities, Dr. Jaishankar said that government is likely to announce more measures which will help in attracting more investments.
“We truly have a strategic relationship which has acquired many more facets. Defence and security relationships are new aspects, but it has progressed very well. Two new areas where we are expanding include economic relationship in the Far East and Pacific,” he said.
Dr Jaishankar also urged both Indian and Japanese companies to explore more opportunities. He also advised the Japanese companies to understand the vision of Atmanirbhar Bharat which is self-reliance.
“Japanese investors can’t wait for a perfect investment environment to come in,” he said.
FICCI President Dr. Sangita Reddy added that India and Japan share a great relationship which is based on mutual trust, shared values of democracy, respect for the rule of law combined with the convergence of political, economic and strategic interests.
“India’s recent signing of the ‘Acquisition and Cross Servicing Agreement’ with Japan is a watershed moment in our relationship and will be instrumental to our shared vision of a free and open Indo Pacific region,” added Dr. Reddy.
Shardul S Shroff, Executive Chairman, Shardul Amarchand & Mangaldas while highlighting the key points of the FICCI-SAM report said that Japan has always been one of the most active investors in India. The Indian government has ensured that various benefits and structural reforms are aimed at enabling Japanese investors to have a streamlined entry into the Indian market. #Japan #India #partnership #strategy #investment #manufacturing /fiinews.com
