Press Information Bureau

Government of India

Ministry of Commerce & Industry

02-March-2012 16:30 IST

Shri Anand Sharma met with the delegates of the United States & Japan on a trilateral dialogue, here today. Addressing the delegated Shri Sharma said, “It is indeed befitting that such a dialogue should take place given that the three countries are vibrant democracies and leading economies in the Asia- Pacific region. The changing contours of global economic architecture have made such a dialogue even more opportune & necessary.” In the emerging paradigm, India views its relationship with both US & Japan that transcends trade related relationship to a long term technology, innovation & investment relationship.”

The Indian Commerce Minister while addressing the delegates said, Ensuing long term energy security and development of green and sustainable technologies for the future should be an area of high priority. Minister later added that collaboration in agro- processing, pharmaceuticals would be essential for the larger objective of ensuring global food security and health security.

Minister Sharma while commenting on the Pakistan initiative to shift to negative list said, “Our immediate neighborhoods have given a positive movement on the economic side with Pakistan.” The delegation expressed appreciation for normalization process in the economic relations of the two neighbors.

Delegation comprised of Mr. Richard Armitage, President, Armitage International LC (Co-Chair), Mr. Tim Adams, Managing Director, The Lindsey Group, Mr. Michael Green, Senior Advisor and Japan chair, CSIS, Mr Karl Inderfurth, Mr. Roger Rose, Lockheed Martin, Mr. Torkel Patterson, President, US- Japan MAGLEV, LLC & Nicholas Szechenyi, Senior Fellow & Deputy Director, Japan chair, CSIS.

The Japan delegation comprised of Mr. Yoshiyuki Kasai, Chairman, Central Japan Railway Company (CO-Chair), Mr. Yorihiko Kojima, Chairman, Mitsubishi Corporation, Teruaki Masumoto, Executive Advisor, Tokyo Electric Power Company, Mr. Kazuo Tsukuda, Chairman Mitsubishi Heavy Industries, Mr. Tomohiko Taniguchi, Senior Advisor, Central Japan Railway Company. From India side the Dialogue is Co-Chaired by Shri Tarun Das.

*****

DS/gk

Trilateral economic dialogue expands trade into technology, investment and energy security cooperation among the three partners. A trilateral economic dialogue between India, the United States and Japan emphasized expanding trade ties into a technology, innovation and investment partnership, prioritizing long term energy security and green technologies, and promoting collaboration in agro processing and pharmaceuticals to support global food and health security.