kamal nath meets japanese minister – gurgaon incident discussed

isolated incident and not the norm, minister tells japan

japanese investment not to be affected, says nakagawa

Friday, July 29, 2005

Shri Kamal Nath, Union Minister of Commerce & Industry, had a long bilateral meeting this morning in Geneva with Mr. Shoichi Nakagawa, Minister of Economy, Trade and Industry (METI), Japan on the sidelines of the meeting of the WTO General Council, during which bilateral issues were reviewed and the Gurgaon incident also came up for discussion. Shri Kamal Nath assured the Japanese Minister that the Gurgaon incident was an isolated one and certainly not the norm. He explained the circumstances of the unfortunate incident as well as the follow up action taken by the government to contain and resolve the issue.

The Japanese Minister agreed with Mr. Kamal Nath that the incident was indeed an isolated one and assured him that this would not affect Japanese investment in India. In this context, Mr. Nakagawa emphasised that Japanese companies were investing in West Bengal in big way.

Shri Kamal Nath also referred to the Special Economic Zone (SEZ) Act passed recently by Parliament and requested the Japanese government to encourage their enterprises to invest in these Zones.

SB/MRS