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Japanese PM meets Indian finance minister

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TOKYO, April 2 – Japanese Prime Minister Shinzo Abe on Monday met with visiting Indian Finance Minister Palaniappan Chidambaram, Japan’s JIJI Press reported.

“The two nations’ relations have extremely strong potential,” Abe said, expressing hopes that Japan can strengthen its strategic global partnership with India.

JAPAN-INDIA-DIPLOMACYChidambaram, meanwhile, said that India also hopes to develop its ties with Japan further. Japan and India will speed up preparations to realise a visit to Japan by Indian Prime Minister Manmohan Singh in in the first half of 2013, government
officials said.

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Seeking for additional Japanese cooperation on India’s infrastructure development, the Indian finance minister sought many more Japanese companies’ investment in the South Asian country. Abe said that financial deregulation and improvements in the tax system would be needed to attract Japanese investment further.

BERNAMA