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(单词翻译:双击或拖选)
By Steve Herman
New Delhi
11 March 2007
Chairman and Chief Executive of Suzuki Osamu Suzuki (L) and Managing Director of Maruti Udyog Limited Jagdish Khattar (R) after inaugurating Maruti-Suzuki's new autoplant at Manesar, 06 Feb 2007
Business leaders and trade officials from India and Japan are in agreement that the current level of trade does not match the economic power of the two Asian nations. But Indians and Japanese disagree on the reasons, and how their two-way trade can reach its potential. VOA's Steve Herman reports from New Delhi.
The Indians say the Japanese have failed to take advantage of India's soaring economy.
At a time when India's economy is growing by nearly 10 percent a year, Japan's share of total Indian trade fell below 2.6 percent in the 2005-2006 fiscal1 year, compared with nearly four percent several years earlier.
Japanese officials say their country ranks as the third-largest foreign investor2 in India. But Indian businessmen say the Japanese have not followed up with sufficient new investment.
At the India-Japan Strategic Partnership3 Symposium4 in New Delhi on Friday, Rakesh
Rakesh Mohan, deputy governor, Reserve Bank of India
Mohan, deputy governor of the Reserve Bank of India, reminded Japanese business leaders they were responsible for helping5 to build a world-class automotive industry here.
He says those manufacturing standards have spread to other sectors6 of India's economy, but further investment from Japan has been disappointing.
"The whole total quality movement in India has been induced by Japan and therefore, I think, that there have been a lot of opportunities missed," said Mohan. "And one would hope that now Japan would no longer miss such opportunities in the years to come."
Mikio Sasaki, the chairman of Mitsubishi Corporation, Japan's largest trading company, told the symposium that India has much to do if it desires significant new foreign investment.
"Developing power-generating plants, ports, roads, railways and other public infrastructure7 is a major area that needs a strong response," he said
Mikio Sasaski, chairman, Mitsubishi Corp.
Japanese investors8 also complain about bureaucratic9 delays, widespread corruption10, and interstate regulations that increase the time and cost of moving goods across the country.
Indian business leaders counter that they face significant challenges in expanding exports to Japan, such as entry barriers for chemicals and medicines, and high tariffs11 on seafood12.
The two countries are in the process of reaching what they call a "comprehensive economic partnership agreement." The Japanese say the first high-level dialogue on the pact13 will be held in Japan next month. An Indian official predicts a deal will be made within one year.
1 fiscal | |
adj.财政的,会计的,国库的,国库岁入的 | |
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2 investor | |
n.投资者,投资人 | |
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3 partnership | |
n.合作关系,伙伴关系 | |
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4 symposium | |
n.讨论会,专题报告会;专题论文集 | |
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5 helping | |
n.食物的一份&adj.帮助人的,辅助的 | |
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6 sectors | |
n.部门( sector的名词复数 );领域;防御地区;扇形 | |
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7 infrastructure | |
n.下部构造,下部组织,基础结构,基础设施 | |
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8 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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9 bureaucratic | |
adj.官僚的,繁文缛节的 | |
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10 corruption | |
n.腐败,堕落,贪污 | |
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11 tariffs | |
关税制度; 关税( tariff的名词复数 ); 关税表; (旅馆或饭店等的)收费表; 量刑标准 | |
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12 seafood | |
n.海产食品,海味,海鲜 | |
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13 pact | |
n.合同,条约,公约,协定 | |
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