Indo-Japan consultation; Finance Secretary Sujatha Singh to travel to Tokyo on April 23, 2014

NEW DELHI: Foreign Secretary Sujatha Singh will travel to Tokyo tomorrow to hold consultations with Japanese Vice Foreign Minister Akitaka Saiki on bilateral, regional and international issues.

Apart from meetings in the Ministry of Foreign Affairs, the Foreign Secretary will also hold discussions with counterparts in the Japanese Ministry of Defence, Ministry of Economy, Trade and Industry and Japan International Cooperation Agency during her two-day visit, a External Affairs Ministry release said today.

"Foreign Secretary will utilise her visit to Japan to discuss implementation of ideas and projects decided at the leadership level, thereby maintaining the momentum of the India-Japan Strategic and Global Partnership," it said.

India and Japan have strong economic ties and the bilateral trade in 2012-13 reached USD 18.61 billion.

In 2012, Japan's FDI into India increased by 19.8% over 2011 to reach USD 2786 million. Japanese FDI into India has mainly been in automobile, electrical equipment, telecommunications, chemical and pharmaceutical sectors.

Japanese companies have made an investment of USD 12.66 billion in India between April 2000 and June 2012. This accounted for 7% of total FDI inflow into India and made Japan the fourth largest investor in India.

Singh will also address a group of academicians and scholars and meet select Japanese women leaders.