A USD 12-billion deal for India's first ever bullet train network, an MoU on civil nuclear energy cooperation and sharing defence technology were among key agreements India and Japan today sealed to take forward their special strategic and global partnership to a new height. Here are top 10 points you need to know about deals signed by PM Narendra Modi and his counterpart Shinzo Abe: (Image Source: PTI)
1. India-Japan deal: The two countries laid the groundwork for Japan to help India further develop its nuclear power, with a final deal to be signed after technical details are finalized. Abe described the agreements, signed during his weekend visit to New Delhi, as a new era of cooperation between the two countries. "In September 2014 in Tokyo, Prime Minister Abe spoke of $35 billion of Japanese finance and investments for India over five years," Prime Minister Narendra Modi said at a news conference with Abe. "It was ambitious. But together, we are quickly turning it into reality." (Image Source: PTI)
2. India-Japan deal: Abe said Japan's cooperation with India in the nuclear field would be limited to peaceful objectives. Japan imposed economic sanctions and cut off financial aid to India in 1998, when New Delhi conducted five nuclear tests. The sanctions were lifted in 2001, and bilateral relations have since improved significantly. (Image Source: PTI)
3. India-Japan deal: On Saturday, Abe referred to India's stand that it would continue a moratorium on nuclear tests and advance its use of nuclear energy for peaceful purposes. India, which has 22 nuclear power plants, has ambitious plans to quadruple its present 5,000 megawatts of nuclear power to 20,000 megawatts by 2020 to fuel the energy demands of its booming economy. (Image Source: PTI)
4. India-Japan deal:The two countries also signed a deal that would help India's efforts to upgrade its military equipment. Japan's possible sale of US-2 amphibious aircraft to India would be Tokyo's first major military hardware transfer since lifting a postwar ban on the export of defense equipment in 2014.(Image Source: PTI)
5. India-Japan deal: Japan also promised technical and financial support to help India build a high-speed train system using Japan's Shinkansen bullet trains. The train service would link the Indian financial hub of Mumbai with Ahmadabad, the commercial capital of Modi's home state, Gujarat, cutting the travel time on the 505-kilometer (315-mile) route from eight hours to two.(Image Source: PTI)
The drill, dubbed Malabar, is an annual event between the US and India, and Japan is joining it this year for the first time since 2007. (Image Source: PTI)
7. India-Japan deal: "We stand strongly for ensuring freedom of navigation and overflight, and unimpeded maritime commerce," he said. "We believe that disputes must be resolved peacefully and that all countries must abide by international law and norms on maritime issues."(Image Source: PTI)
8. India-Japan deal: A Rs 98,000-crore project to lay India's first bullet train network between commercial nerve centre of Mumbai and Ahmedabad was today finalised at the annual summit talks between Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe.(Image Source: PTI)
9.India-Japan deal: Earlier Prime Minister Narendra Modi on Saturday said that for the "first time" India will export to Japan cars which will be made domestically by Maruti Suzuki as part of the 'Make in India' initiative. "For the first time Japan will import cars from India and Maruti will manufacture it", he said while addressing the India-Japan Business Leaders Forum here.(Image Source: PTI)
10. India-Japan deal: The strategic pacts were inked after the summit between Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe during which they also discussed international and regional issues of mutual importance including UN security reforms. (Image Source: PTI)
