Comprehensive Economic Cooperation Agreement
Encyclopedia
The Comprehensive Economic Cooperation Agreement (CECA) is an agreement between Japan
and India
to strengthen bilateral trade. The agreement is to be finalised by the end of 2006. A Joint Study Group (JSG) in its report submitted in July 2006 recommended that the two countries should work towards the establishment of a CECA. The JSG was established to undertake a comprehensive review of economic and commercial relations between India and Japan and give its recommendations on upgrading those linkages in various fields. Japan's total global trade is $ 1019 billion, but its imports from India as a percentage of Japan's total imports are only 0.44 per cent.
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...
and India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
to strengthen bilateral trade. The agreement is to be finalised by the end of 2006. A Joint Study Group (JSG) in its report submitted in July 2006 recommended that the two countries should work towards the establishment of a CECA. The JSG was established to undertake a comprehensive review of economic and commercial relations between India and Japan and give its recommendations on upgrading those linkages in various fields. Japan's total global trade is $ 1019 billion, but its imports from India as a percentage of Japan's total imports are only 0.44 per cent.