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Japan lays strong emphasis on strengthening trade ties with India

The Dollar Business Bureau Japan on Thursday laid strong emphasis on varied avenues of the bilateral trade between India and Japan. “The two Prime Ministers resolved to transform the Japan-India Special Strategic and Global Partnership into a deep, broad-based and action-oriented one reflecting a broad convergence of their long-term political, economic and strategic goals,” said Masayuki Taga, Consul General of Japan in Kolkata. “This has indicated a broad convergence of long standing economic, political and strategic objectives between the two nations,” Taga said while addressing a session, organised by the Calcutta Chamber of Commerce. The Diplomat said that this is evident that the relations between Japan and India have significantly improved and strengthened in almost all the fields. Due to this, Japan has now ...

India, Japan ties on infra development offer opportunities for Singapore cos

The Dollar Business Bureau India and Japan have come together in a major way for developing strategic and civilian infrastructure in Andaman & Nicobar Islands and abroad that can distinctively benefit Singapore, said a leading Indian researcher. Rupakjyoti Borah, visiting research fellow at National University of Singapore (NUS), said that India-Japan partnership offers business opportunities to Singapore’s infrastructure companies that are ‘too good to miss’. He further said Singaporean companies could collaborate with firms in India and Japan, not just for building, but also maintaining the infrastructure projects. “A notable area could be the port (sector) as Singapore has rich expertise in this area,” Borah said, while speaking at the Institute of South Asian Studies in Singapore. Borah further said that being a major energy ...

Rs 14,251 crore to India under Japans Official Loan Development Assistance

The Dollar Business Bureau   The Japanese government has committed to lend an amount of approximately Rs.14,251 crore (JPY 242.2 billion) to India under the official loan development assistance (ODA). The notes for the same were exchanged between Mr. Kenji Hiramatsu, Ambassador of Japan to India and Mr. S. Selvakumar, Joint Secretary, Department of Economic Affairs, Government of India. The ODA loan assistance has been confined to assist loans for various projects in India - The Transmission System Strengthening Project in Madhya Pradesh for JPY 15.45 billion, North East Road Network Connectivity Improvement Project for JPY 67.1 billion; Odisha’s integrated sanitation improvement for JPY 25.7 billion and the Jharkhand Horticulture Intensification by Micro Drip Irrigation Project for JPY 4.65 billion are the ...