India and Japan Review Trade Pact at 7th CEPA Joint Committee Meeting in Tokyo
India and Japan held the 7th Joint Committee Meeting of the Comprehensive Economic Partnership Agreement (CEPA) in Tokyo to review the implementation of the bilateral trade pact and explore ways to deepen economic cooperation between the two nations.
The meeting was co-chaired by Rajesh Agrawal, Secretary in India’s Department of Commerce, and the Vice Minister for International Affairs from Japan’s Ministry of Economy, Trade and Industry (METI).
Focus on Strengthening Bilateral Trade
During the discussions, officials from both countries evaluated the progress made under the CEPA framework and examined steps to improve the effectiveness of the agreement.
The talks focused on issues such as market access, trade facilitation, and increasing the utilisation of CEPA provisions by businesses in both countries. Both sides also explored ways to remove trade barriers and streamline procedures that could help boost bilateral trade and investment flows.
Expanding Economic and Industrial Cooperation
Apart from trade-related matters, the meeting also highlighted opportunities to strengthen collaboration in several key sectors.
Officials discussed initiatives aimed at promoting investment partnerships, technology cooperation, and stronger industrial linkages. They also emphasised the growing importance of the India–Japan partnership in building resilient supply chains and supporting long-term economic growth.
The dialogue reflected the shared commitment of both governments to further enhance economic engagement and encourage greater participation of businesses in the bilateral trade framework.
Strengthening Strategic Economic Ties
India and Japan have steadily expanded their economic partnership over the years, with CEPA playing a key role in promoting trade and investment between the two economies.
Regular review meetings such as the Joint Committee session are considered essential for identifying challenges, improving implementation, and ensuring that the trade agreement continues to benefit industries and businesses in both countries.
Summary
India and Japan held the 7th CEPA Joint Committee Meeting in Tokyo to review the implementation of their Comprehensive Economic Partnership Agreement. The discussions focused on improving market access, trade facilitation, investment opportunities, and supply chain cooperation. Officials from both sides reaffirmed their commitment to strengthening bilateral trade and expanding economic collaboration between the two countries.
Disclaimer
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