Modi in Japan: PM woos business leaders, promises better investment environment
Express News Service | September 1, 2014 11:28 am
Summary
Modi on Monday announced to set up a special team to facilitate Japanese investments in India.
Addressing business leaders in Japan, Modi sought help from Japan in skill development and even in research. The Prime Minister also invited Japanese investments as he promised better investment environment and speedy decisions.
“India-Japan have a responsibility beyond that of bilateral relations. Indian and Japanese businessmen can give a direction to the world economy,” said Modi who is on a five-day visit to Japan.
He further said: “Rules and laws are being changed which will show results in the near future.”
The Prime Minister also declared to be replicating Japanese efficiency in PMO.
Earlier on Monday, on the third day of his trip, Modi visited a 136-year-old school as a “student” to understand the academic system of Japan which could be replicated back home.
On his third day, Modi is scheduled to hold summit talks to conclude the civilian nuclear deal. While officials were tightlipped on a breakthrough in the nuclear deal, they confirmed that apart from it, defence, infrastructure and trade will be high on the summit agenda
Apart from the bilateral talks with Abe, Modi is scheduled to meet Japanese Cabinet ministers in separate one-on-one meetings, including Kishida, Deputy PM and Finance Minister Taro Aso, Minister for Economy, Trade and Industry Toshimitsu Motegi, Minister for Land, Infrastructure, Transport and Tourism Akihiro Ohta, and Defence Minister Itsunori Onodera.
SHYAM KISHORE SINGH
PGDM - 3rd sem..
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