India, Japan sign CEPA to boost trade

India and Japan on Wednesday signed a comprehensive economic partnership agreement, which is expected to give greater market access to both the countries. The pact was signed between Commerce and Industry Minister Anand Sharma and Japanese Foreign Affairs Minister Seiji Maehara in Tokyo. The agreement seeks to eliminate tariffs on 90 percent of Japanese exports to India, such as auto parts and electric appliances, and 97 percent of imports from India, including agricultural and fisheries products, until 2021.