Quantitative easing and its low interest rate byproduct has increased the global carry-trade out of low yielding countries and into higher yielding ones.
Tokyo has started a new carrytrade, in which global investors borrow yen at ultra-low interest rates, exchange it into other currencies and invest for a higher return.
He urged them to press India's case in the Doha round of globaltrade talks and called on them to carry India's concerns about terrorism to the world stage.