Ushering in a new era of bilateral ties, India and Japan are synergising their energies towards socio-economic development - not within their own territories, but in Asia and across the world. On August 1, 2011, India and Japan executed a Comprehensive Economic Partnership Agreement (CEPA), aiming to provide greater access to each other's markets and almost double the bilateral trade from 12.6 billion USD to 25 billion USD by 2014
Six Fold Increase in Services Sector Exports in Last Few Years, PTIExports from the services sector, the largest and fastest growing sector in the economy, have recorded a more than six fold increase in the last nine years from 20.76 billion USD in 2002-03 to 131.97 billion USD in 2010-11. While the balance of trade in merchandise has been negative, it was constantly positive for services. While merchandise reported a deficit of around 131 billion USD, services reported about 50 billion USD surplus trade in 2010-11
Delhi's Airport Metro Made Fully Functional, PTIHigh-speed Airport Express Corridor, which takes passengers from Connaught Place to the International Airport in 20 minutes, has become fully functional with the launch of two non-operational stations. On the occassion of Independence Day, the operator allowed free travel to defence personnel and freedom fighters. Dhaula Kuan and Delhi Aerocity stations, which received the mandatory safety clearance from the Commissioner of Metro Rail Safety R K Kardam on Friday, were thrown open to the public at 12 PM. With this, all six stations on the high-speed corridor that connects Connaught Place with the International Airport became functional over five months after the Line was opened to public on February 23
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