With their ties on an upward trajectory, India and Japan will have strategic dialogue on Saturday when Japanese Foreign Minister Katsuya Okada arrives here for a visit during which wide gamut of issues, including civil nuclear cooperation, will be on the agenda.
Okada, who reaches here on the morning of August 21, will have delegation-level talks with External Affairs Minister S M Krishna during which both sides will review the status of the
relationship between the two countries which held two rounds of nuclear negotiations since their launch in June this year.
New Delhi appears to be unfazed by the declaration made by Mayor of Nagasaki criticising the Japanese government for launching nuclear cooperation talks with India. Sources here
noted that it was not the stand of Japanese government nor has Tokyo conveyed it to New Delhi.
Sources also emphasised that dialogue on the issue was very much on track and no timelines have been fixed by either side to conclude civil nuclear agreement.
"The two sides have decided to work towards a good working pact in the area, creating a win-win situation for both the countries. And there is no timelines to it," sources said.
An accord will allow top Japanese companies, including Hitachi and Toshiba, to sell atomic power equipment to the growing Indian market now estimated to be USD 150 billion.
Besides civil nuclear cooperation, the two sides will also discuss economic ties, situation in Pakistan and Afghanistan, reforms in the UN and expansion of its Security Council. Okada is also expected to raise the situation in
North Korea which does not have diplomatic relations with Japan.
The visit is also aimed at firming up the agenda for Prime Minister Manmohan Singh's trip to Tokyo later in the year during which he will have a meeting with Japanese Prime Minister Naoto Kan.
Sources said both sides were looking at some "concrete" progress in various important fields such as trade and investment during Singh's visit to that country.
India and Japan are also involved in the negotiations for a Comprehensive Economic Partnership Agreement (CEPA).
The pact is expected to slash tariff duties on around 9,000 products, ranging from steel and apparel to drugs and machinery, and give a big boost to bilateral trade which was estimated to be around USD 11 billion in 2008-09.
The two sides are also involved in high-tech trade after Japan removed 11 Indian companies from the list of end-user and added four new ones recently, generating a positive momentum in bilateral ties.
Saturday's meeting is first ministerial meeting after 2+2 dialogue here on July 6 during which the two countries discussed issues ranging from counter-terrorism to the UN reforms.