Japan, India sign civil nuclear pact

During his first visit to Japan past year, he had even picked Japan as a partner for India first bullet rail line linking Mumbai and Ahmedabad.

“Prime Minister Modi will see tomorrow for himself that it is the safest technology in the world”, Abe said.

The agreement paves the way for energy-starved India to access sensitive technologies to generate electricity.

Early on Friday morning, Modi addressed a group of businessmen at the CII-KEIDANREN business luncheon in Tokyo. Modi is visiting Japan on a three-day visit.

“It leads to India virtually taking part in the global regime”.

Japan and India have signed a controversial civil nuclear deal that will allow Japanese firms to export atomic technology to the South Asian state.

Friday’s accord was signed after Prime Minister Shinzo Abe’s meeting with his Indian counterpart Narendra Modi.

The landmark civil nuclear deal sealed today with Japan is strikingly similar to the agreements India has with the USA and some other countries but contains some added features on safety and security, reflecting Japans concerns on the issue. This is the first pact Japan has entered with a country that is not a signatory to the Non Proliferation Treaty (NPT).

Modi said FDI equity inflows have gone up by 52 per cent in the last two years and India has gone up 19 spots on the World Logistics Performance Index 2016 brought out by the World Bank.

“Reached Japan. Looking forward to fruitful deliberations that will boost economic and cultural ties between India and Japan”, Modi tweeted after arriving at Haneda Airport in Tokyo on Thursday. But other nations have signed civil nuclear deals with India – including France, Australia and the United States, which inked a similar deal a decade ago.

Negotiations for the nuclear deal between the two sides have been going on for a number of years but the progress on these was halted because of political resistance in Japan after the 2011 disaster at the Fukushima Nuclear Power Plant.

Japan is set to participate in an upcoming Indian rapid railway system, but the scope of its role is still being negotiated.

Modi will attend the annual bilateral summit with Japanese prime minister Shinzo Abe later in the day.

“But if the report is true that if someone is making unrighteous move then this is very disgraceful”, she said while replying to a question about media reports that Japan plans to cut prices to sell 12 ShinMaywa US-2 amphibious aircraft designed for air-sea rescue in a Dollars 1.6 billion deal.