Taro Aso said he suspects US wants a bilateral free-trade agreement, but he reiterated Japan’s preference for Washington to join the multi-lateral TPP.
Japan will propose setting up a new framework to discuss trade issues with the United States in a summit next week, in hopes of persuading it to rejoin the TPP.
Foreign Tourist Arrivals to India has crossed the one crore mark 'for the first time' and the Centre is targeting doubling it in the next three years, Alphons said.
The Vietnamese envoy to India said their strong bilateral relationship should be used as a foundation for greater economic cooperation.
Taro Aso said that Japan must avoid entering a free trade agreement (FTA) with the United States to rectify trade imbalances.
Taro Aso ruled out the chance of opening up talks for a bilateral trade deal with the United States, stressing that such a deal would do no good to his country.
The domestic industry should work on improving product standards to enhance competitiveness and not always seek tariff protection as it has not worked.
The travel and tourism sectors together generated 25.9 million jobs in 2017, contributing $75.8 billion to the country's Gross Domestic Product (GDP) in the same year.
As per the provisional data of Ministry of Tourism, foreign tourist arrivals (FTAs) stood at 10.2 million during 2017, a growth of 15.6 per cent.
For the first time, annual foreign tourist arrivals in the country have crossed the 10- million mark in 2017, Tourism Minister K J Alphons said.
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PAT at Rs 4799 Cr vs Rs 3990 Cr, up 20.2%
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Net Interest Margin at 4.3%
Other Income at Rs 4229 Cr vs Rs 3446 Cr, Up 22.7%
Operating Profit at Rs 8835 Cr vs Rs 7279 Cr, up 21.3%
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