In a meeting here with Prime Minister's Special Envoy for Japan Ashwani Kumar, Japanese Foreign Minister Fumio Kishida expressed his confidence that the proposed agreement can be concluded soon with the support of the people of both countries.
"The meeting with Foreign Minister Kishida also provided an opportunity for a high level review of the India-Japan strategic and global partnership as the two countries prepare for the visit of Japanese Emperor and Empress and the subsequent visit of Prime Minister Shinzo Abe for the Annual Summit," a Ministry of External Affairs statement said.
In this context, they welcomed the recent decision to expand the bilateral currency swap arrangement to USD 50 billion, the continuing progress on the Delhi-Mumbai Freight Corridor and Delhi-Mumbai Industrial Corridor projects and the discussions on introducing a high-speed railway system in India.
Kumar also referred to the progress in bilateral defence and security cooperation including in the areas of maritime security, anti-piracy and counter-terrorism.
Abe, at a meeting with Kumar yesterday, said the process of negotiations will be taken forward in firming up the Civil Nuclear Cooperation Agreement.
Kumar, in his meeting with the Japanese Foreign Minister, stressed the importance of more Japanese companies entering the dynamic Indian market and taking advantage of the DFC and DMIC projects in the infrastructure sectors.
In this context, both sides agreed on the necessity of expediting the bilateral Agreement on Social Security which would greatly benefit Japanese and Indian companies working in each other's country.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
