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: between India and Japan. It is unclear, despite largest Japanese FDI in India went into West Bengal, why there is no direct flight between Kolkata and Tokyo.
India is actively engaged in improving the international environment. It has agreed to provide visa on arrival to Japanese citizens (along with citizens of 17 other nations) from October 2009 onwards. India and Japan have agreed to currency swap pact to help both the nations tide over any short-term BoP crisis. With Japan, negotiation on Bilateral Investment Promotion and Protection Agreement is also ongoing.
Both Japan and India have collective responsibility for ensuring peace and prosperity in Asia. Efforts to advance Japan-India cooperation in furthering Asian regional integration will be in the interest of both countries and in creating a successful Pan-Asian economic community.
—The author is fellow, Research and Information System for Developing Countries (RIS), New Delhi. He may be contacted at prabirde@hotmail.com The views expressed are personal...
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