New Delhi, July 31 (ANI): Japanese trade and industry minister, Kazuyoshi Akaba, met India's trade minister Nirmala Sitharaman in New Delhi on Thursday in a bid to enhance bilateral ties. Later in the day Akaba also met separately with India's information and broadcasting Minister Prakash Javadekar and Law minister Ravi Shankar Prasad. The two countries are expected to announce plans to accelerate negotiations over Japan's bilateral carbon offset mechanism when Japanese Prime Minister Shinzo Abe will welcome Indian Prime Minister Narendra Modi to Tokyo likely in August for annual talks. A deal would allow Japanese companies to install carbon-cutting technology in India and in return receive carbon credits under the Joint Crediting Mechanism (JCM) that can be used to offset their own carbon footprint under the country's emissions target or be sold to the Japanese government.
