India-Japan Relations

  • Japan and India shares cordial relations since long
  • Japan is one of the closest and most reliable trading partners of India
  • Both countries bilateral ties were elevated to status of special strategic and global partnership during Prime Minister Narendra Modi visit to Japan in 2014
  • Democracy is the binding glue
  • Both see China as potential rival
  • Both has USA as their common friend
  • Huge investment coming to India from Japan
  • Japan participating in India’s infrastructure projects like Metro projects, Dedicated Freight corridor, High Speed Trains etc.
  • The CEPA between both countries is one of the most comprehensive agreements concluded by India and it had come into force in August, 2011
  • The bilateral trade between India and Japan pre-CEPA in 2010 was $10.4 billion and currently in 2016 stands at $14.5 billion.
  • However, India’s trade deficit with Japan increasing from $3.1 billion before the CEPA was inked in 2011 to $5.2 billion thereafter.
  • Trade negotiations:
    • India wants Japan to lift its ban on India’s agriculture produce due to pesticides etc.
    • India wants better access for its service professionals
    • India seeks greater access to its Pharma companies in Japan
  • India and Japan has decided to strengthen their military cooperation and hopes to pursue a strategic partnership for  ensuring regional peace and stability.

 

Recent Collaborations:

  • Cooperation in Sri Lanka, in the development of LNG-related infrastructure and in  Africa, in the area of health service – developing a cancer hospital in Kenya.
  • Cooperation in Myanmar, to facilitate development efforts in the Rakhine State Cooperation in Bangladesh, for improving connectivity on the Ramgarh to Baraiyarhat stretch and constructing the Jamuna Railway Bridge over the Januma River.  
  • The Act East Forum established last year has served as a driving force to improve India-Japan cooperation in the North-East.
  • The cooperation in the project for the construction of International Cooperation and Convention center in Varanasi.  
  • India and Japan are cooperating to construct the Mumbai Ahmedabad High Speed Rail (MAHSR).