In his remarks at the event, the Prime Minister emphasized that he wanted India and Japan to move ahead together, not just in the sphere of high-speed trains, but also for “high-speed growth”.
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The agreement, featuring broad shapes of cooperation in the nuclear field, was signed after Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abeheld the ninth yearly Indo-Japan top talks in New Delhi. Youth will be the direct beneficiaries of these agreements as apart from jobs created, 10,000 youngsters will also visit Japan in the next five years, said a statement by BJP national secretary Shrikant Sharma.
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Following Saturday’s understanding, it is expected that Japan will soon take up production of US-2 amphibious aircraft, 15 of which are reportedly to be purchased by India. In the meeting it was decided that Japan would help to build India’s first bullet train network between Mumbai- Ahmedabad costing of around Rs. 98000 crores.
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India and Japan have signed agreements on military purchases for India’s armed forces, high-speed trains and upgrading India’s infrastructure.
The new bullet train will slash journey times between the Indian cities of Mumbai and Ahmedabad, reportedly from eight hours to about two hours. “A senior-level committee will now work out the details, including sourcing of material”, Jaishankar said.
Asked for a response, Hong said China hoped countries in the region “would respect the efforts of regional countries in maintaining peace and stability of the South China Sea, instead of doing the opposite”. “We have concluded the negotiations”, adding, certain legal and technical issues will have to be thrashed out for the final pact.
In terms of liabilities, he said that the Japanese side was assured of the efficacy of the liability solutions that India had found earlier in the year.
“The two prime ministers, on the occasion of the 70th year since the atomic bombings of Hiroshima and Nagasaki, reaffirmed their shared commitment to the total elimination of nuclear weapons”. We have made great strides in economic cooperation.
A MOU on technical co-operation between India’s Research Designs & Standards Organisation and Japan’s Railway Technical Research Institute covers areas including safety, maintenance, sustainability and capacity enhancement.
His comments follow an announcement in October by Maruti Suzuki India, the market leader in India, that it will export its Baleno model to Japan.
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Japan was among the countries that imposed economic and financial sanctions when India conducted nuclear tests in 1998 and has always been concerned about India’s refusal to sign a series of global treaties, including the Nuclear Non-Proliferation Treaty.
