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JAPAN NEWS AND DISCUSSION

Japan, India sign deal to boost trade, investment

Politics Oct. 26, 2010 - 05:51AM JST ( 15 )

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15 Comments

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jruaustraliaOct. 26, 2010 - 07:36AM JST

While India announced a moratorium on further nuclear testing, Japan wants New Delhi to be more explicit on that commitment. The two sides, which have met twice since starting the talks in June, are also working to decide on consequences should India conduct another nuclear test.

And should they, the Japanese should not be obligated any further. So why are the Indians refusing to agree on that clause? LoL
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kyokenOct. 26, 2010 - 07:57AM JST

That wouldn't have been possible 10 years ago. Japan is in a desperate situation, but hope dies last.
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mareo2Oct. 26, 2010 - 08:02AM JST

jruaustralia at 07:36 AM JST - 26th October

And should they, the Japanese should not be obligated any further. So why are the Indians refusing to agree on that clause? LoL

I am not sure because I am not familiar with India defense, but I can assume that it can be related to Pakistan. India and Pakistan are not signatory of the NPT, so perhaps India see it as a handicap against Pakistan nuclear threat.
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semperfiOct. 26, 2010 - 08:31AM JST

kyoken :

That wouldn't have been possible 10 years ago. Japan is in a desperate situation, but hope dies last

And . . . INDIA ISN'T ( desperate) ! ? LOL ! ! ! Shows how much you know !!! Japan is thinking otuside of the box . . . and gradually moving away from its economic fixation on USA . . rcognizing also the China is not a safe player. . .
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ikokujinOct. 26, 2010 - 08:40AM JST

Its more to do with Trade agreements than NPT. While India has opened up its nuclear sites to IAEA and adhere to its guidelines,this cant be said about the neighbors(PAK,China Helping PAK). Both India and Japan needs economic ties to compete in global market when the west is no longer profitable.
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jruaustraliaOct. 26, 2010 - 09:06AM JST

so perhaps India see it as a handicap against Pakistan nuclear threat

@mareo2, I have commented at length on the subject on another thread, India rejects clause on nuclear tests in civilian pact with Japan. BUT LET ME ALSO SAY THAT Japanese reactions, match up to the American reactions over the very same issue, have not been any more louder or muted over a civilian nuclear pact with Delhi.
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wheelsonthebusOct. 26, 2010 - 09:33AM JST

And . . . INDIA ISN'T ( desperate) ! ? LOL ! ! ! Shows how much you know !!! Japan is thinking otuside of the box . . . and gradually moving away from its economic fixation on USA . . rcognizing also the China is not a safe player. . .

Japan needs India more than India needs Japan.
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mareo2Oct. 26, 2010 - 10:17AM JST

I wonder why some people talk like this is a competition. Both countries embrace each other for growth and a friendly relation is based in mutual respect by see each other as an equal partner. I understand the reasons of India and I take the words of India's PM like an expression of respect to the feelings of the people in Hiroshima and Nagasaki. I think that if both sides can made some compromises a deal can be reached on the civilian nuclear cooperation. Is a delicate matter so there is no rush.
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limboinjapanOct. 26, 2010 - 10:34AM JST

Yeah I will second the "why do so many want to make this in to a competition" India is a fast growing market and a true market unlike China where even after all the investment by so many countries has still not yielded the "great consumer bonanza".

Japan is just going were the market is leading just about every nation at this time and that is India.

Its not about who needs who more its just economics and marketing, you go where the customers and business are, today that is India tomorrow who knows, Brazil, Chile, South Africa, etc..?
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jruaustraliaOct. 26, 2010 - 11:01AM JST

I think that if both sides can made some compromises a deal can be reached on the civilian nuclear cooperation. Is a delicate matter so there is no rush.

Trade opportunities between the two sides are matters of urgency, particularly in the case of Japan which is seemingly lagging the Koreans and Chinese when it comes to European trade inks, etc. BUT I AGREE, that when it comes to civilian nuke cooperation Japan shouldn't feel obliged to compromise for the sake of accessing the Indian markets. And as said previously, Japanese reactions over the deal are no different (and obviously no less important) with that of their US counterparts.
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mareo2Oct. 26, 2010 - 11:46AM JST

@jruaustralia

With all due respect sir, to my understanding the trade pact that as just being signed by both countries is separated from the current negotiations on the civilian nuclear cooperation pact. There is no strings attached to the trade pact and so far it only need to be ratified by the lawmakers in both countries.
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jruaustraliaOct. 26, 2010 - 11:48AM JST

There is no strings attached to the trade pact and so far it only need to be ratified by the lawmakers in both countries.

No one is implying otherwise.
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mareo2Oct. 26, 2010 - 12:07PM JST

jruaustralia at 11:48 AM JST - 26th October

No one is implying otherwise.

My apologies then, I misunderstood your words.
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some14someOct. 26, 2010 - 12:29PM JST

Unfortunately Japanese Businesses have lost their base and moving like a Caravan...China -> India -> Russia -> Vietnam ....faithful to none !
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mareo2Oct. 26, 2010 - 12:50PM JST

some14some at 12:29 PM JST - 26th October

Unfortunately Japanese Businesses have lost their base and moving like a Caravan...China -> India -> Russia -> Vietnam ....faithful to none !

Is not the chinese people making protests saying that they don't want japanese products and business in their country? Loyalty cannot be bought, it must to be earned.