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India and Japan: News and Discussion

The Strategic Issues & International Relations Forum is a venue to discuss issues pertaining to India's security environment, her strategic outlook on global affairs and as well as the effect of international relations in the Indian Subcontinent. We request members to kindly stay within the mandate of this forum and keep their exchanges of views, on a civilised level, however vehemently any disagreement may be felt. All feedback regarding forum usage may be sent to the moderators using the Feedback Form or by clicking the Report Post Icon in any objectionable post for proper action. Please note that the views expressed by the Members and Moderators on these discussion boards are that of the individuals only and do not reflect the official policy or view of the Bharat-Rakshak.com Website. Copyright Violation is strictly prohibited and may result in revocation of your posting rights - please read the FAQ for full details. Users must also abide by the Forum Guidelines at all times.
A_Gupta
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Re: India and Japan: News and Discussion

Postby A_Gupta » 04 Feb 2017 02:12

Fukushima nuclear reactor radiation at highest level since 2011 meltdown
https://www.theguardian.com/environment ... 1-meltdown
The facility’s operator, Tokyo Electric Power (Tepco), said atmospheric readings as high as 530 sieverts an hour had been recorded inside the containment vessel of reactor No 2, one of three reactors that experienced a meltdown when the plant was crippled by a huge tsunami that struck the north-east coast of Japan in March 2011.

The extraordinary radiation readings highlight the scale of the task confronting thousands of workers, as pressure builds on Tepco to begin decommissioning the plant – a process that is expected to take about four decades.

The recent reading, described by some experts as “unimaginable”, is far higher than the previous record of 73 sieverts an hour in that part of the reactor.

A single dose of one sievert is enough to cause radiation sickness and nausea; 5 sieverts would kill half those exposed to it within a month, and a single dose of 10 sieverts would prove fatal within weeks.

Neshant
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Re: India and Japan: News and Discussion

Postby Neshant » 07 Feb 2017 12:15

I wonder how many radio active fish are swimming around that area with millions of gallons of contaminated sea water being discharged every day into the ocean. India better setup proper monitoring & security for all its reactors. The unimaginable chaos from a reactor being blown up by religious nut cases would be disastrous.

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Re: India and Japan: News and Discussion

Postby A_Gupta » 08 Feb 2017 07:12

http://www.livemint.com/Industry/FsChFl ... ls-am.html
"Japan’s ‘green card’ welcome for Indian IT professionals, amid US H1B visa reforms

Japan is introducing a new law to accord permanent residency status to skilled professionals in 1-2 years, even as Donald Trump moves to tighten US visa policy".

A_Gupta
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Re: India and Japan: News and Discussion

Postby A_Gupta » 08 Feb 2017 07:14

http://www.thehindu.com/business/Indust ... 242793.ece
Mr. Maeda {Executive Vice President of the Japan External Trade Organisation (JETRO)} said currently there is an “investment imbalance” between Japan and India. The investments by Japan in India as at the end of 2015 were $14.1 billion, while investments from India into Japan were worth only $0.074 billion. He also pointed out that FDI (2015 figures) from India to Singapore ($5.27 billion), to the U.S. ($3 billion) and to the U.K. ($779 million) were much more than to Japan (just $27 million).

He said Japan is looking to attract investments from Indian companies in sectors including IT/ITeS, pharmaceuticals and tourism.

svinayak
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Re: India and Japan: News and Discussion

Postby svinayak » 10 Feb 2017 23:38

A_Gupta wrote:http://www.thehindu.com/business/Industry/Japan-woos-foreign-talent-with-easier-residency-norms/article17242793.ece
Mr. Maeda {Executive Vice President of the Japan External Trade Organisation (JETRO)} said currently there is an “investment imbalance” between Japan and India. The investments by Japan in India as at the end of 2015 were $14.1 billion, while investments from India into Japan were worth only $0.074 billion. He also pointed out that FDI (2015 figures) from India to Singapore ($5.27 billion), to the U.S. ($3 billion) and to the U.K. ($779 million) were much more than to Japan (just $27 million).

He said Japan is looking to attract investments from Indian companies in sectors including IT/ITeS, pharmaceuticals and tourism.

All the countries listed have long extensive contact with Indians travelling to those countries for decades.
Japan is the only exception with least Indian contact

Kashi
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Re: India and Japan: News and Discussion

Postby Kashi » 13 Feb 2017 09:00

svinayak wrote:All the countries listed have long extensive contact with Indians travelling to those countries for decades.
Japan is the only exception with least Indian contact


Actually Indians have been in Japan for at least past 100 years. Many settled in Kobe region.

There are 1.5 million British of Indian descent in the UK (and plenty travel back and forth) and our investment there is $779 million, Japan has about ~25,000 residents of Indian extraction and the investment is about $27 million.

Adjusting for population (both Indian and the total of the host nation), Indian investment in Japan would seem pretty high per capita in comparison.

Of course, Singapore is a different kettle of fish altogether, but it could be since many Indian corporates choose to keep their corporate HQs in Singapore for tax reasons- Flipkart is a prime example. And also probably, the recently plugged loophole on investments from Singapore to India.

svinayak
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Re: India and Japan: News and Discussion

Postby svinayak » 13 Feb 2017 23:11

Kashi wrote:Adjusting for population (both Indian and the total of the host nation), Indian investment in Japan would seem pretty high per capita in comparison.

It does not work that way. India was removed from the older colonial trading and commerce groups with new alliance in the last 50 years.

Kashi
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Re: India and Japan: News and Discussion

Postby Kashi » 14 Feb 2017 05:35

svinayak wrote:It does not work that way. India was removed from the older colonial trading and commerce groups with new alliance in the last 50 years.


I am sorry I do not quite understand. Could you please clarify?

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Re: India and Japan: News and Discussion

Postby SSridhar » 21 Mar 2017 06:55

India to block Japan’s request for WTO dispute panel on steel penal duties - Amiti Sen, Business Line
India will block Japan’s request for a dispute settlement panel at the World Trade Organisation (WTO) against penal duties on steel imports imposed by New Delhi, a government official has said.

Tokyo’s request will be taken up for consideration by the Dispute Settlement Body of the World Trade Organisation in its meeting on Tuesday.{i.e. today}

“We are definitely going to block the request. Our argument is that India has not flouted any norms while imposing safeguard duties on certain categories of steel,” the official said.

Japan, however, is expected to make a second request in the next DSB meeting which cannot be blocked as per rules.

In March last year, India had extended safeguard duties — penal duties imposed over and above the regular customs duties to check import surges of identified items — on certain hot-rolled steel items till March 2018. The move was aimed at protecting domestic steel producers suffering from the double blow of low demand and cheap imports.

Japan has alleged that the investigation carried out by the Directorate General of Safeguards in India was not according to procedures laid down by the WTO and the injury determination, which is a measure of disruption suffered by local players, was also faulty.

The Japanese government has estimated that the tariffs could cost Japanese steel companies about $220 million through March 2018, as per reports in the Japanese media.

“We tried to convince Japan in our bilateral consultations on the dispute that no rules had been breached and the safeguard duties were progressively being brought down. But Japan chose to ask for a dispute settlement panel,” the official said.
×

Japan, which has friendly trade relations with India, is taking the strong step of filing a dispute to stop unfair trade actions from spreading, a Japanese industry ministry official reportedly said.

India imposed minimum import price and safeguard duties on steel imports last year to protect the domestic industry.

As per the Finance Ministry’s notification, safeguard duty will apply on hot-rolled flat products of non-alloy and other alloy steel in coils of 600 mm width.

The safeguard duty will be 20 per cent minus any existing dumping duty till September 2016, following which it will be reduced to 18 per cent till March 2017, then brought down to 15 per cent till September 2017 and eventually to 10 per cent by March 2018.


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