Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 953 Sun. February 04, 2007  
   
Business


Delhi, Tokyo wind up first round of trade negotiations


India and Japan Friday wound up their first round of discussions with an agreement on the terms of negotiations for a comprehensive free trade deal within two years, Indian officials said.

The two sides during the talks in New Delhi set up four working groups which will focus on talks on trade in goods, services, investment and bilateral cooperation, the officials said in a statement.

"The second round of the negotiations will be held in April in Tokyo," the statement said.

The visiting delegation was headed by Japan's deputy Foreign Minister Mashaharu Kohno, with Indian commerce secretary Gopal Krishna Pillai leading the talks for New Delhi.

The negotiations follow an agreement in Tokyo in December between Indian Prime Minister Manmohan Singh and his Japanese counterpart Shinzo Abe to conclude free-trade talks within two years.