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INDO - JAPAN ECONOMIC RELATIONS (1) answer(s).
 
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India’s economic diplomacy under the NDA-II government / Chakraborty, Mohor   Article
Chakraborty, Mohor Article
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Summary/Abstract The Prime Minister of India, Narendra Modi’s selection of Japan as the first port of call (31 August – 3 September 2014) outside the immediate neighbourhood has opened new vistas of cooperation and greater engagement between the two regional economic powers. Going by the plethora of Agreements signed and negotiations undertaken by the leaders of the two countries towards the intensification of bilateral economic engagement, the visit has indeed generated momentum in the trajectory of Indo-Japan ties. In particular, the convergence of the economic policies initiated by Narendra Modi and his Japanese counterpart, Shinzo Abe, namely “Modinomics” and “Abenomics” respectively, has affirmed New Delhi’s broader and stronger partnership with Tokyo for economic development, especially in the infrastructure sector. Given this cooperative premise, in the backdrop of the Comprehensive Economic Partnership Agreement (CEPA), that is operational between India and Japan since 2011, the manner in which the newly-installed Government in New Delhi steers its vehicle of economic diplomacy towards ‘Destination Japan’ gains import and hold much promise for future.
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