AMPONTAN

Japan from the inside out

Ichigen koji (88)

Posted by ampontan on Monday, January 2, 2012

一言居士
– A person who has something to say about everything

Japan and India – as energy-poor countries heavily reliant on oil imports from the Gulf – are seriously concerned by mercantilist efforts to assert control over energy supplies and the transport routes for them. Indeed, despite their messy domestic politics and endemic scandals, India and Japan have the fastest-growing bilateral relationship in Asia today. Since they unveiled a “strategic and global partnership” in 2006, their political and economic engagement has deepened remarkably. A free-trade agreement between Japan and India, formally known as the Comprehensive Economic Partnership Agreement (CEPA), entered into force in August. And, in response to China’s punitive use of its monopoly on rare-earths production to cut off such exports to Japan during the fall of 2010, Japan and India have agreed to joint development of rare earths, which are vital for a wide range of green-energy technologies and military applications.

Today, the level and frequency of official bilateral engagement is extraordinary.

Brahma Chellaney in the Khaleej Times, 2 January 2012

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