Japanese PM Junichiro Koizumi has met his Indian counterpart in Delhi, with both supporting each other's claim for a permanent UN Security Council seat. Mr Koizumi and Manmohan Singh signed a joint statement with an eight-point agenda for improved relations. Apart from the UN issue, it called for a high-level strategic dialogue and measures to improve economic ties. [...] The joint statement said India and Japan would "strive to develop closer dialogue and collaboration to secure peace, stability and prosperity in Asia". It said the nations' navies would increase cooperation in Asian waters and the countries would hold annual prime minister-level meetings. It also said the nations vowed to bolster bilateral trade, which has been around $4bn a year for several years.Ties between the two countries have warmed considerably since India's nuclear tests in May 1998, which led to Japanese sanctions on India. The sanctions were lifted in 2001. Since then India has become the largest recipient of development loans from Japan, outranking Indonesia and China.
Friday, April 29, 2005
ASIA'S AND SOUTH ASIA'S TWO BIGGEST DEMOCRACIES GET CLOSER
Posted by Reliapundit at 5:33 PM