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Japan, India to increase ties, vow to double
Published in Saudi Press Agency on 22 - 08 - 2007

India and Japan on Wednesday decided to elevate
their "strategic and global partnership" to a new dimension, pledging
to double trade to 20 billion dollars following a summit between
Prime Minister Manmohan Singh and his Japanese counterpart Shinzo Abe
in New Delhi, according to the DPA.
"We have today agreed to lay down a roadmap to impart a new
dimension to our strategic and global partnership. This is a
comprehensive and forward-looking vision of how our two countries
will move ahead in the coming years," Singh told reporters at a joint
press conference with the Japanese leader.
"The economic partnership is at the core of our partnership and we
have set a trade target of 20 billion dollars by 2010," Singh added.
According to official data, two-way trade between the countries could
reach 10 billion dollars in 2007.
The two countries signed a series of agreements, mainly aimed at
expanding bilateral trade while promising to work for the early
conclusion of a comprehensive economic partnership agreement (CEPA).
Abe and Singh held wide-ranging talks on cooperation in UN reforms
and the civilian nuclear field in the backdrop of a landmark India-US
nuclear agreement as well as discussions on the strategic
quadrilateral comprising India, Japan, Australia and the US.


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