{"id":9060,"date":"2011-02-17T14:38:44","date_gmt":"2011-02-17T14:38:44","guid":{"rendered":"http:\/\/octagona.wordpress.com\/?p=349"},"modified":"2026-10-22T18:22:34","modified_gmt":"2026-10-22T16:22:34","slug":"aspects-of-the-new-agreement-between-india-and-japan","status":"publish","type":"post","link":"https:\/\/octagona.com\/en\/gli-aspetti-del-nuovo-accordo-tra-india-e-giappone\/","title":{"rendered":"Aspects of the new agreement between India and Japan"},"content":{"rendered":"<p style=\"text-align: justify;\">Wednesday, February 16, the Japanese and Indian governments signed a partnership and free trade agreement in Tokyo, strengthening their political, economic, and commercial relations.<\/p>\n<p style=\"text-align: justify;\">In particular, the details of the agreement concern the abolition of tariffs, amounting to 94% on trade in goods, within ten years. The agreement was signed between the Japanese Foreign Minister, Seiji Maehara, and the Indian Minister of Commerce, Anand Sharma: Japan and India will therefore become each other\u2019s most important free trade partners.<\/p>\n<p style=\"text-align: justify;\">This agreement must be read, especially from the Japanese perspective, in a specific light: the signing of the treaty was a priority for the Tokyo government. Just a few days ago, in fact, Japan ceded second place to China as the largest economy in the world. Japan's population is among the oldest in the world, and its economy has been stagnant for two decades: it was the Japanese Prime Minister, Naoto Kan himself, who emphasized that Japan must open up to revive its prospects. Japan is therefore following the path of South Korea, which through its trade agreements with other countries has managed to increase its global competitiveness.<\/p>\n<p style=\"text-align: justify;\">The agreement with an emerging power like India represents an important milestone as well as a necessity for Tokyo. On the other hand, India, through its Minister of Commerce, Anand Sharma, has defined the agreement as \u201chistoric and important,\u201d highlighting how the country is influencing global economic trends and directions.<\/p>\n<p style=\"text-align: justify;\">Although they are two large economies, Japan and India had limited trade in 2010, amounting to an equivalent of 11 billion USD, just 1% of Japan\u2019s global trade. Just consider that annual trade between Japan and China exceeds 317 trillion dollars.<\/p>\n<p style=\"text-align: justify;\">The agreement provides for greater flexibility for Japanese investments in the Indian telecommunications sector and for the sale of Indian medicines in Japan. Greater access to the Japanese market will also be allowed for products such as curry, tea leaves, wood, and shrimp, while India, in turn, will reduce tariffs on Japanese automotive products, steel, DVD players, and video cameras, as well as on peaches, strawberries, and potatoes.<\/p>\n<p style=\"text-align: justify;\">By establishing closer relations with India, it could pave the way for Japanese investments in the development of mineral resources: as early as last October, Indian Prime Minister Manmohan Singh had proposed, together with Japanese Prime Minister Naoto Kan, a possible cooperation in this area aimed at diversifying natural resources. Minister Anand Sharma also proposed the creation of a $9 billion fund to help finance an industrial corridor, an operation that highlights India\u2019s efforts to improve the condition of its infrastructure. Already since 2007, a project funded by the Indian government and several Japanese companies has been underway to improve connections between New Delhi and Mumbai, India\u2019s financial capital.<\/p>\n<p style=\"text-align: justify;\">The agreement, therefore, widely supported by Japanese industrialists and entrepreneurs, is not limited to a mere commercial exchange but also extends to other projects, intensifying relations between the two countries. In the future, a nuclear cooperation agreement could be planned that would allow Japanese companies to build new reactors in India.<\/p>\n<p style=\"text-align: justify;\">From a geopolitical point of view, the signal sent by Japan and India to another major power, China, is indeed strong: it is known that Chinese influence in the region is not well viewed by Japan and that relations between Tokyo and Beijing are dire. Recent trade, currency, and territorial disputes have certainly not improved the situation, instead strengthening ties between India and Japan.<\/p>\n<p style=\"text-align: justify;\">On the Asian chessboard, New Delhi is moving with determination and wisdom. A hypothetical deterioration of diplomatic and commercial relations between the two leading Asian powers could only favor the third. But India itself also views with suspicion Chinese territorial and infrastructural operations near its borders and the loans granted to Myanmar, Sri Lanka, Bangladesh, and Pakistan for the improvement of these countries' infrastructure. These are the keys to understanding the Indian-Japanese agreement.<\/p>\n<p><strong>ALSO READ:<\/strong><\/p>\n<p><a href=\"https:\/\/octagona.com\/en\/the-success-of-italian-companies-in-india\/\">The success of Italian companies in India<\/a><\/p>\n<p><a href=\"https:\/\/octagona.com\/en\/internationalize-own-foreign-business-strategic-choice-or-opportunity\/\">Internationalizing your business abroad: strategic choice or opportunity?<\/a><\/p>\n<p><a href=\"https:\/\/octagona.com\/en\/digital-export-manager-dem-linter-internationalization-in-a-digital-environment\/\">Digital export manager (DEM): internationalization in a digital context<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Mercoled\u00ec 16 febbraio, i Governi di Giappone ed India hanno firmato a Tokyo un accordo di partnership e di libero scambio, rafforzando le loro relazioni politico-economico-commerciali. In particolare, i dettagli dell\u2019accordo riguardano l\u2019 abolizione delle tariffe, pari al 94% sul commercio dei beni, nel giro di dieci anni. L&#8217;accordo \u00e8 stato siglato tra il ministro [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary octgn-read-more-link\" href=\"https:\/\/octagona.com\/en\/gli-aspetti-del-nuovo-accordo-tra-india-e-giappone\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":6,"featured_media":11434,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[263,19],"class_list":["post-9060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internazionalizzazione-imprese","tag-giappone","tag-india"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Gli aspetti del nuovo accordo tra India e Giappone | Octagona Srl<\/title>\n<meta name=\"description\" content=\"Vediamo il nuovissimo accordo tra india e giappone stipulato pochi giorni fa in questo 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Laureata in Economia e Marketing internazionale all'Universit\u00e0 di Modena e Reggio Emilia, cura i contenuti del blog dedicati ai mercati esteri, all'export e alle strategie di ingresso per le PMI italiane. Ha collaborato alla Guida Paese Smart per le imprese italiane negli Stati Uniti (West Region), realizzata con i Consolati Generali d'Italia di Los Angeles e San Francisco e ITA - Italian Trade Agency.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/sara-cuoghi\\\/\"],\"url\":\"https:\\\/\\\/octagona.com\\\/en\\\/author\\\/sara-cuoghi\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"New agreement between India and Japan | Octagona Srl","description":"Let's take a look at the newest agreement between india and japan made a few days ago in this special article dedicated","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/octagona.com\/en\/aspects-of-the-new-agreement-between-india-and-japan\/","og_locale":"en_US","og_type":"article","og_title":"Gli aspetti del nuovo accordo tra India e Giappone | Octagona 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