Vice-Minister for International Affairs Sasaki Visited Mr. Ahluwalia, Deputy Chairman of the Planning Commission of IndiaTo Promote Japan-India Energy Business by Holding a New Technology Exhibition and Business Meeting
On January 10, 2013, Mr. Nobuhiko Sasaki, Vice-Minister for International Affairs of the Ministry of Economy, Trade and Industry (METI), visited India. He met with Mr. Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission of India, and they exchanged views on expansion of the Japan-India investment exchange and enhancement of cooperation between the countries in the energy field.
Vice-Minister Sasaki visited India and talked with Mr. Ahluwalia on the expansion of investment exchange and cooperation in the energy field between Japan and India.
This talk was conducted as a follow-up to the Sixth Japan-India Energy Dialogue (ministerial level) which was held in Tokyo in October, 2012.
2. Summary of the talk
Vice-Minister Sasaki and Mr. Ahluwalia confirmed the fact that Japan and India are important strategic partners and that both countries are advancing strategic efforts in the economic arena, such as cooperation in infrastructures and energy areas and manufacturing industries, as well as improvement of the business environment, by taking advantage of the two countries' mutually complementary relationship.
In addition, Vice-Minister Sasaki emphasized that Japan and India should continue to strengthen these strategic efforts, and the necessity for cooperative endeavors in the energy field, through facilitation of investment exchange between the countries, the Japan-India Energy Dialogue, and other efforts.
In Particular, they shared understanding of the direction for energy cooperation between India, whose energy demand is surging, and Japan, which provides cutting-edge energy technology.
Furthermore, in light of the request from India in the Sixth Japan-India Energy Dialogue, Japan and India shared in the same understanding of the cooperative advancement of the Japan-India Energy Forum, including an exhibition and business meeting on Japan's technology, which will be held in the fall of 2013, organized by the New Energy and Industrial Technology Development Organization (NEDO) and the Japan External Trade Organization (JETRO), acting as implementing organizations from Japan, and by other implementing organizations from India. The results of the forum will be proactively reflected in the discussions in the Japan-India Energy Dialogue (ministerial level).
Vice-Minister Sasaki also proposed to India that both countries should further develop efforts in the fields in which positive results have already been seen, such as joint studies on LNG, energy conservation, and coal (clean coal technology), in preparation for the next Japan-India Energy Dialogue, for the purpose of further enhancing cooperation between the countries in the energy field.
Mr. Ahluwalia showed his appreciation for Japan's explanation and proposal and additionally requested that the Minister of Economy, Trade and Industry of Japan attend the next Japan-India Energy Dialogue to be held in India this fall.
January 15, 2013
Division in Charge
- Southwest Asia Office, Trade Policy Bureau
- Regarding energy relationship: International Affairs Division, Director-General's Secretariat, Agency for Natural Resources and Energy