By TCN News,
Hyderabad: After a gap of 76 years, the trade relations between India and Japan are flourishing again, Dr Aftab Seth, a foreign policy expert, said on Thursday.
“In 1939 India, then Under British colonial rule, was the third largest trading party with Japan. Since then, there have been several ups and downs in the relations with Japan with which India established diplomatic relations in 1952,” Dr Seth, former ambassador to several countries, including Japan, said while delivering the keynote address at the Maulana Azad National Urdu University (MANUU) here.
Dr. Aftab Seth responding to questions from audience. Dr. Khwaja M. Shahid and Dr. Kaneez Zehra look on.
His address was part of the Distinguished Lecture Series of the Ministry of External Affairs which was hosted by the Department of Public Administration and Political Science of MANUU.
Coming to the present scenario, Dr Seth in his erudite talk on Indian Foreign Policy and Japan, said, “Japan happens to be the largest bilateral loan donor to India supporting New Delhi in its efforts for accelerated economic development.”
Dr Seth said two major events took place in 2014. One, the Prime Minister of Japan was the chief guest at the Republic Day Parade on January 26 and two, that Indian Prime Minister Narendra Modi visited Japan in September the same year. The Indian prime minister signed the ‘Global Strategic Partnership Agreement’ with Japan during that visit.
He revealed that Japan has agreed to take its investment in India to $35 billion soon, the release added.