Feb 27, 1998, 12:01 AM
News Code: 9120986
0 Persons
stability rupee indian over doubts casts japan sakutaro india to ambassador japanese -- irna 27, .feb delhi, new stability the about convinced yet not is japan that said has tanino major discouraging factor a as this attributed and rupee indian the of financial the in investors institutional japanese the of presence .here sector federation the by organised thursday, on here meeting a at speaking japan's" on ,(ficci) industry and commerce of chambers indian of policy japan's and fluctuations economic asian east on perspective and policy' east `look india's welcomed however, tanino, ,"response east the with links political and economic its strengthen to efforts .economies asian south-east and expand to japan and india for potential enormous an is there .said he trade, bilateral increase and ties economic is japan said ambassador the turmoil, asian east the to referring .economies these of turnaround the about optimistic but cautious region the of achievement remarkable the highlighted also he together which china, and tigers asian east the asean, comprising represent and production global of cent per 4.8 as much as for account .trade global of cent per 4.17 the said he crisis, the to response in role japan's upon touching monetary international the to contributor leading a been has country broker honest an of role the playing besides packages (imf) fund .imf the and governments various the between 5 usd thailand, to billion 4 usd contributed far so has japan the of part as korea south to billion 10 usd and indonesia to billion .package imf to ambassador as over take to soon india leaving is who tanino, trilateral of possibilities explore to willing is he said china, in capacity new his in china and japan india, between cooperation .beijing investment an as india of importance the that said also he and crisis currency asian south-east the after growing is destination more and mumbai in branches their opened have banks japanese some .here offices up setting of process the in are banks japanese pacific asia the into entry india's supports japan that added he in and emerge will consensus a that hoped and coooperation economic .admitted be would india course due ms/ma/dh end