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India views trade ties with US, Japan as long term investment relationship: Sharma

New Delhi, Fri, 02 Mar 2012 ANI

New Delhi, Mar 2 (ANI): Union Commerce and Industry Minister Anand Sharma on Friday said in the emerging paradigm, India views its relationship with both US and Japan that transcends trade related relationship to a long term technology, innovation and investment relationship.


Sharma, who met with the delegates of the United States and Japan on a trilateral dialogue, here addressing the delegates said: "It is indeed befitting that such a dialogue should take place given that the three countries are vibrant democracies and leading economies in the Asia- Pacific region. The changing contours of global economic architecture have made such a dialogue even more opportune and necessary."


Sharma further said ensuing long-term energy security and development of green and sustainable technologies for the future should be an area of high priority, and added that collaboration in agro- processing, pharmaceuticals would be essential for the larger objective of ensuring global food security and health security.


Meanwhile, commenting on Pakistan's Pakistan initiative to shift to negative list, harma said: "Our immediate neighborhood we have seen a positive movement on the economic side with Pakistan."


The delegation expressed appreciation for normalization process in the economic relations of the two neighbours.


The delegation comprised of Richard Armitage, President, Armitage International LC (Co-Chair), Tim Adams, Managing Director, The Lindsey Group, Michael Green, Senior Advisor and Japan chair, CSIS, Karl Inderfurth, Roger Rose, Lockheed Martin, Torkel Patterson, President, US- Japan MAGLEV, LLC and Nicholas Szechenyi, Senior Fellow and Deputy Director, Japan chair, CSIS.


The Japan delegation comprised of Yoshiyuki Kasai, Chairman, Central Japan Railway Company (CO-Chair), Yorihiko Kojima, Chairman, Mitsubishi Corporation, Teruaki Masumoto, Executive Advisor, Tokyo Electric Power Company, Kazuo Tsukuda, Chairman Mitsubishi Heavy Industries, Tomohiko Taniguchi, Senior Advisor, Central Japan Railway Company.


The dialogue is co-chaired by Tarun Das from the Indian side. (ANI)


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