October 23, 2010 1:46 PM

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Looking East, PM has business on mind

India is all set to bolster economic ties with its East Asia partners as Prime Minister embarks on the three-nation tour to Japan, Malaysia and Vietnam on Sunday.The highlight of the meet will be the announcement of comprehensive economic pacts with Japan and Malaysia during his visits to these countries.The Prime Minister will have extensive discussions with his Japanese counterpart Naoto Kan at their annual summit slated for Monday. Foreign Secretary Nirupama Rao said the Comprehensive Economic Partnership Agreement with Japan signified economic alignment of the two largest economies in Asia. The Foreign Secretary was briefing media on the Prime Minister's visit aimed at giving a further impetus to India’s Look East Policy. On the civil nuclear energy cooperation with Japan, Rao said the two sides intended to take the discussions forward and there was a political resolve from both sides to continue their discussions to build a more common ground. She said the first two rounds of discussions had covered a lot of common ground. On the second leg of his tour to Malaysia, New Delhi and Kuala Lumpur are likely to announce the conclusion of negotiations on the bilateral Comprehensive Economic Cooperation Agreement that will cover goods,services and investment.The Prime Minister will take part in the 8th India-ASEAN summit and 5th East Asia Summit in Hanoi, Vietnam on the final leg of his tour. Manmohan Singh will also have talks with his Chinese counterpart and other leaders on the bilateral front.

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