India, Japan must enhance quality of economic cooperation: Jaishankar
External Affairs Minister S Jaishankar on Tuesday said India and Japan must consider ways to enhance the quality of their economic cooperation in a world under flux.
Amid drop in exports and imports, Japan recorded $6.3 biliion trade deficit in August, the government said in a report on Wednesday.
According to the Finance Ministry, the country’s trade deficit stood at 930.5 billion yen (6.3 billion US dollars) in the recording period, as exports continued to shrink, falling by 0.8 per cent to 7.99 trillion yen, Xinhua news agency reported.
Meanwhile, imports declined for the fifth consecutive month to 8.92 trillion yen, down 17.8 per cent year on year, the ministry’s preliminary data showed. (1 Japanese yen equals 0.0068 US dollars)
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