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December 29, 2009

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Japan PM seeks thaw in relations with India

JAPAN'S prime minister, who has promised to forge a new place for east Asia in international diplomacy, yesterday opened three days of talks in India focusing on engineering a further thaw in relations and boosting trade.

Yukio Hatoyama took office in September after 50 years of almost uninterrupted rule by the conservative Liberal Democratic Party.

"Our prime minister is here to elevate the Indo-Japan strategic partnership to a new stage, to a higher dimension," said Japanese press secretary Kazuo Kodama.

"We would like to translate our strategic partnerships into a more action oriented partnership."

Hatoyama launched his visit by meeting Indian industrialists, including Tata group chairman Ratan Tata and Reliance Industries head Mukesh Ambani, at a Mumbai hotel.

He later attended a dinner hosted by Indian Prime Minister Manmohan Singh in New Delhi.

India, a top recipient of Japanese aid, wants details of Hatoyama's foreign policy, particularly Tokyo's attempts to pursue a foreign policy "independent" of Washington and improve ties with China.

Japan is India's sixth largest investor. Bilateral trade, more than US$12 billion in 2008-09, is targeted to climb to US$20 billion by next year. Japanese investment in India in 2008 was US$5.22 billion surpassing investment of US$3.65 billion in China.



 

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