India seeks greater market access for pharma, marine products in Japan
The Dollar Business Bureau India has asked Tokyo to give a greater market access to its pharmaceuticals and marine products as it looks to expand its existing trade relations with the third-largest economy. India has also included other items in its list such as sesame seeds, while seeking recognition of the Indian Organic Standards by Japan. "Though there have been an increase in the number of work visas issued by Japan, after the cooperation agreement came into force, the market share of Indian IT companies in the Japanese IT market still below potential and ways to improve this were discussed," said the department of commerce in a statement, following the third secretary-level meeting of the Joint Committee under the India-Japan CEPA (Comprehensive Economic Partnership ...
Indo-Japan: Domestic companies pitch for FTA reviews
Source: PTI Review of the existing free trade pact and quick implementation of the social security agreement were among the key suggestions made by Indian businesses to boost economic ties between India and Japan. These recommendations were made by Indian side during the India Japan Business Leaders Forum meeting in New Delhi on Saturday. The Indian side, co-chaired by Bharat Forge Chairman and Managing Director Baba Kalyani, also pitched for fostering linkages between large Japanese companies and SMEs in India and enhanced collaborations in the human resource space to promote the development of soft infrastructure. The Forum later was addressed by Japanese Prime Minister Shinzo Abe and his Indian counterpart Narendra Modi. Modi said that the Indian government would actively ...