JAPAN AND REPUBLIC

OF KOREA

JAPAN
Japan is an island nation in East Asia,
located in the Pacific Ocean
Japan has the world's tenth-largest
population, with over 126 million people.
It is also the world's fourth-largest exporter and fourth-largest
importer.

High in metrics of prosperity : the Human Development Index,

and the highest life expectancy of any country in the world

MAP OF JAPAN

GEOGRAPHY
Lies to the east of the Sea of Japan, China, North
Korea, South Korea and Russia
Stretches from the Sea of Okhotsk in the north to
the East China Sea and Taiwan in the south.

Japan is a stratovolcanic archipelago of 6,852 islands.

GEOGRAPHY(cont..)
AREA
Area comparative

Land boundaries
Coastline

Total: 377,915 km
Land: 364,485 km
Water: 13,430 km
11% smaller than California, USA;
slightly larger than Newfoundland
and Labrador
None

29,751 km

ECONOMY
The economy of Japan

The third largest in the world by nominal GDP

The fourth largest by purchasing power parity
The world's second largest developed economy

Japan is the world's

Third largest automobile manufacturing country

The largest electronics goods industry
The world's most innovative countries leading several measures of global patent
filings
Focuses primarily on high-tech and precision goods

World's
largest creditor nation,

An annual trade surplus and having a considerable net international investment

surplus
Possesses 13.7% of the world's private financial assets (the second largest in the
world)

CULTURE
Traditional Japanese culture has many roots in traditional Chinese culture, however Japanese culture, even
historically differed from Chinese culture and due to the separation of the two land masses, plus the enforced periods
of isolation from the outside .
Japanese is the official and primary language of Japan

Traditional Japanese clothing distinguishes Japan from all other countries around the world. The Japanese
word kimono means "something one wears" and they are the traditional garments of Japan.
Japanese have developed sophisticated and refined cuisine. Dishes such as sushi, tempura, and teriyaki are some
of the foods that are commonly known.
In the long feudal period governed by the samurai class, some methods that were used to train warriors were
developed into well-ordered martial arts

POLITY
The politics of Japan is conducted in a framework of a multi-party parliamentary representative
democratic Constitutional monarchy where the Emperor acts effectively as the symbolic Head of
state, and the Prime Minister acts as the Head of government

The Constitution of Japan defines the emperor to be "the symbol of the state and of the unity of
the people." He performs ceremonial duties and holds no real power
The chief of the executive branch, the Prime Minister, is appointed by the Emperor as directed by
the Diet.
Form of government constitutional monarchy with a national Diet consisting of two legislative
houses (House of Councilors; House of Representatives )

IMPORT & EXPORT

IMPORT

EXPORT

DEVELOPMENT GOALS
Goal 1.Eradicate Extreme Poverty and
Hunger
Goal 2: Achieve universal primary
education
Goal 3: Promote gender equality and
empower women
Goal 4: Reduce child mortality
Goal 5: Improve maternal health
Goal 6: Combat HIV/AIDS, malaria and
other diseases
Goal 7: Ensure environmental
sustainability
Goal 8: Develop a global partnership
for development

INITIATIVES OF JAPAN
TOWARDS 2015 MDGS
Poverty reduction through economic growth
Japan is supporting development and nation-building by supporting

education, health, rural development, small- and medium sized

enterprise development, and the expansion of basic social services as
well as strengthening cooperation with the poor.
As for poverty reduction from the aspect of hunger counter measures in
order to promote private-sector trade and investment, Japan emphasizes
infrastructure development and human resources development, And the
example of East Asias success is being applied to Africa's development
through the Tokyo International Conference on African Development

Basic Education
Basic education is one area where Japan can make use of its own

 The three priority areas of BEGIN are:-ensuring "access" to

education, improving "quality" of education, and improving

"management" of education
Japan is also providing assistance for teacher training particularly
in science and mathematics, and improvement of teaching methods
and development of teaching materials, in order to improve the
quality of education for the children of developing countries.

Health and Medical care

In order to secure the health of development actors, Japan has

provided over US$4 billion in assistance from 2000 to 2003 under

the Okinawa Infectious Diseases Initiative IDI, much greater
than the originally declared amount

Environment

Based on the three principles of "human security," "ownership and partnership" and
"the pursuit of environmental conservation and development "of the Eco ISD, Japan is
promoting cooperation in the four priority areas of "global warming," "pollution
control," "fresh water "and "conservation of the natural environment."
With the UN General Assembly resolution of the Decade of Education for Sustainable
Development(DESD) proposed by Japan at the WSSD, the DESD was launched from
2005 to 2014. Education for sustainable development covers a wide range of
educational issues including environment, basic education, human rights, peace and
health.
In the field of global warming, Japan announced the Kyoto Initiative in 1997 aimed at
further strengthening assistance for the efforts of developing countries to address this
threat mainly through ODA. Specifically the Initiative include 1cooperationin
capacity development, 2ODA loans on concessional terms and 3effective
use and transfer of Japanese technology and know-how.

 Information and Communication technology (ICT)

At the Kyushu-Okinawa Summit in July 2000, Japan announced its

Comprehensive Cooperation Package to Address the International Digital
Divide. Through this package, Japan will promote cooperation based on the four
pillars of 1intellectual contribution to policy and institution building, 2
human resources development,3building ICT infrastructure and networking
and 4promoting the use of ICT in development assistance

Official Development Assistance

The Japanese International Cooperation Agency ( JICA) is the world's largest

bilateral aid agency and today India is its biggest recipient. India has received
close to Rs 2,40,000 crore from JICA in overseas development assistance (ODA)
in various areas, including transport, energy, agriculture, water and sanitation. In
2012 alone, JICA gave India 351.8 billion ($3.5 billion) in loan, aid and
technical cooperation.

 Trade and Investment

Japan has contributed to growth in Asia by coordinating
ODA with trade and investment. Japan has been carrying
out World Trade Organization WTO-related and
export promotion assistance, and has sought to improve
market access make approximately93% of exports
from least developed countries tariff- and quota-free,
with a view to accelerating developing countries
integration into the multilateral trading systems for the
promotion of international trade.
Japan is also putting emphasis on investment protection

COMMERCE AND
INDUSTRY

The first Chamber of Commerce and Industry in Japan was established in

March, 1878 in Tokyo.
This organization was changed to the Japan Chamber of Commerce and
Industry (JCCI) in 1922.
The 517 (as of April 2007) Chambers of Commerce form a large-scale
nationwide organization boasting 1.43 million members (as of March2006).
Chambers in Japan are designated as corporations with special status. Japanese
Chambers of Commerce and Industry have the following characteristics:
They are regional, with one chamber for each city.
They are composed of large and small companies in every industry.
They are public, non-profit, and non-political.
They are international, having the same structure as chambers in other
countries.

 The Japan Chamber of Commerce and Industry is the

central organization to which all local chambers of

commerce belong. As an opinion leader in economic
circles, JCCI represents the local chambers by presenting
their suggestions to the government and other bodies, and
helping implement them
JCCI also plays an important role in the dissemination of

information concerning government policies and

programs. and the promotion of nationwide projects.

HONDA CARS INDIA

LTD.

Honda Cars India Ltd (HCIL) is a 100% subsidiary of the Honda of Japan for the
production, marketing and export of passenger cars in India
Honda Cars India Ltd., (HCIL) Is A Leading Manufacturer Of Premium Cars In
India. The Company Was Established In 1995 With A Commitment To Provide
Hondas Latest Passenger Car Models And Technologies, To The Indian Customers.
HCILs first manufacturing unit was set up at Greater Noida, U.P in 1997. The green
field project is spread across 150 acres and has an annual production capacity of
100,000 units.
HCIL's second plant in Tapukara is the first car manufacturing plant in the state of
Rajasthan. Spread over an area of 450 acres, the facility is an integrated
manufacturing unit including all functions of Forging, Press Shop, Powertrain shop,
Weld shop, Paint shop, Plastic Moulding, Engine assembly, Frame assembly and
Engine Testing facility. This plant is the culmination of the best manufacturing
know-how and practices gathered from Hondas global operations.

 Honda Cars India Ltd.,(HCIL) has a strong sales and

distribution network spread across the country. The network

includes 200 authorised dealership facilities in 130 cities.
HCIL dealerships are based on the "3S Facility" format,
offering complete range of Sales, Service and Spares services
to its customers.
In a recent development Honda Cars India Ltd (HCIL) today

recalled 31,226 units of select variants of the Amaze compact

sedan and Brio hatchback to inspect them for a possible
defect in the brake system.

DEVELOPMENTS

1. Japan has promised to give $35 billion to India through public and private funding over
the next 5 years for developmental projects, including building of smart cities and cleanup
of river Ganges.
2. Both sides have signed five pacts covering defence exchanges, cooperation in clean
energy, roads and highways, healthcare and women while vowing to take their relationship
from strategic partnership to a special strategic partnership.
3. Japan has lifted the ban on six Indian entities including Hindustan Aeronautics Limited
(HAL) which was imposed in the aftermath of 1998 nuclear tests.
4. The two sides agreed to enhance their defence and strategic cooperation to a new level
and also decided to speed up negotiations on a civil nuclear deal that could not be
concluded now.

 5. In Kyoto, a pact was signed under which Modi's Lok Sabha

constituency Varanasi will be developed on the pattern of Kyoto

'smart city' with the help of Japan.
6. Tokyo will help India in providing financial, technical and

operational support to introduce Bullet trains, a project that

Modi has been actively pursuing.
7. Prime Minister Modi has asked NRIs to visit India at least

once a year to boost tourism.

8. Both sides have signed a MoU for cooperation in heritage

conservation, city modernisation and cooperation in the fields

of art, culture and academics.
9. Both countries have decided to build a strong, deep and

GEOGRAPHY
Located in East

Asia
The only country
with a land border
to South Korea
is North Korea
South Korea is
mostly surrounded
by water and has

ECONOMY
Republic Of Korea is one of the world's wealthiest

nations, and is a member of the Organization for

Economic Co-operation and Development (OECD)
and the G-20 major economies.
South Korea has a market economy that ranks 15th
in the world by nominal GDP and 12th by
purchasing power parity (PPP).
It is a developed country, with a developed market
and high-income economy.
South Korea is still one of the fastest growing
developed countries in the 2000s

 Having almost no natural resources and always suffering

from overpopulation in its small territory, which deterred

continued population growth and the formation of a large
internal consumer market, South Korea adapted an
export-oriented economic strategy to fuel its economy,
and in 2012, South Korea was the seventh largest
exporter and seventh largest importer in the world.
South Korea was one of the few developed countries that
were able to avoid a recession during the global financial
crisis.[151] Its economic growth rate reached 6.2 percent
in 2010, a sharp recovery from economic growth rates of
2.3% in 2008 and 0.2% in 2009, when the global financial
crisis hit.

Source: wikipidea.org

CULTURE
South Korea shares its traditional culture with North Korea,
but the two Koreas have developed distinct contemporary
forms of culture since the peninsula was divided in 1945.

Historically, while the culture of Korea has been heavily

influenced by that of neighboring China, it has
nevertheless managed to develop a unique cultural
identity that is distinct from its larger neighbor.
The South Korean Ministry of Culture, Sports and Tourism
actively encourages the traditional arts, as well as modern
forms, through funding and education programs

The industrialization and urbanization of South Korea

have brought many changes to the way Korean
people live.

Changing economics and lifestyles have led to a

concentration of population in major cities, especially
the capital Seoul, with multi-generational households
separating into nuclear family living arrangements.
Because of South Korea's tumultuous history,
construction and destruction has been repeated
endlessly, resulting in an interesting melange of
architectural styles and designs

South Korean mainstream culture, including televised

drama, films, and popular music, also generates
significant exports to various parts of the world

POLITY

Presidential rep
resentative
Legislative
Executive
power is vested
democratic rep
ublic, whereby
power is
in both
the President
is
the government
exercised
by
The Judiciary
is
The president and
the head
of
independent
of the
is elected the
by National
state, andthe
of executive
government.
direct popular
a multi-partyand the
Assembly.
vote for a
system.
legislature and
single five-year.
comprises a
The president
Supreme
appoints the
Court,
prime minister
appellate
with approval

GLOBAL EXPORTS AND

IMPORTS
South Korea is an exportorientated country and the 7th
largest exporter and 8th
largest importer in the world.
Since 2003, South Korea has
established its network of free
trade agreements to boost trade
and economic ties with other
countries.
Currently, South Korea has 5
FTAs in effect, 3 FTAs which

EXPORT IMPORT STATS WITH

INDIA
EXPORT

IMPORT

2012-2013

Rs. 22,87,024.72 lakh

Rs. 71,33,725.25 lakh

% share

1.4%

2.67%

2013-2014

Rs. 25,47,092.3 lakh

Rs. 75,28,258.41 lakh

% share

1.34%

2.77%

Growth rate

11.37%

5.53%

Overall growth

16.56%

1.73%

Source: Export Import Data Bank

TREND LINE

Growth
13.17%
9.57%

Source: Export Import Data Bank

EXPORT-IMPORT
COMMODITIES
Export
Import
Mineral Fuels, Mineral Oils and Products

Electrical machinery

Iron and Steel

Nuclear reactor, boiler and there parts

Aluminum and articles thereof

Iron and steel

Organic chemicals

Organic chemicals

Residues and waste from food industries

Plastic and articles

Cereals

Mineral oils, mineral fuels and products

Cotton

Vehicles other than railway and tramway

Nuclear reactor, Boilers and machinery

Ship, boats, and floating structure

Oil seed and Olea Fruits; Misc grains

rubber and articles thereof

Lead and articles thereof

Natural or cultured pearls, precious or semiprecious stones

Source: Export Import Data Bank

DOING BUSINESS RANK

PARAMETERS

RANKS

Ease of doing business

Starting a business

17

Dealing with construction Permits

12

Getting Electricity

Registering Property

79

Getting Credit

36

Protecting Minority Investors

21

Paying Taxes

25

Trading Across Borders

Enforcing Contracts

Resolving Insolvency

Source: World Bank Group - Doing

GLOBAL COMPETITIVENESS
INDEX

GCI 2014-2015

GCI 2013-2014

Country/Economy

Korea, Rep.

Rank (out of 144)

Score

Rank (out of 148)

26

4.96

25

TRADE AGREEMENT

Comprehensive Economic Partnership Agreement (CEPA)

between India and Republic of Korea was signed on 7th August
2009. The CEPA came into force from 1st January, 2010.

Few key points of contract:

Both nations will accord each other Most favored Nation treatment

in all matter relating to trade

Each party will give full consideration to suggestions made by other
party which are for the development and expansion of commerce
and diversification of trade between the nations.

TRADE
AGREEMENT(cont..)
Few commodities included in initial list of trade

agreement:
Commodities available to export from
India to Republic of Korea

Commodities available to export from

Republic of Korea to India

Buses and other accessories

Machinery

Dumpers

Transformers

Chrome, Manganese and Iron Ore

Rock drill and accessories

Bauxite

Graphite electrode

Jute Products

Magnesia clinkers

Tyres and tubes

Anthracite coal

Tobacco

Zinc

Sugar

Medical Herbs

Detergents(Washing Powder)

Urea and fertilizers