Taking bilateral ties to a new level, Prime Minister Narendra Modi and Japanese PM Shinzo Abe inked a number of deals between India and Japan today.
Here are the biggest pacts:
1. Mumbai-Ahmedabad Bullet Train Network
Coming up at a cost of about Rs 98,000 crore, the bullet train network will link the India’s financial hub Mumbai with Ahmedabad, in Modi’s home state, Gujarat. The bullet train between the two cities will cut travel time on the 505-kilometre route from eight hours to around three.
Japan has provided a package of approximately USD 12 billion and technical assistance, on easy terms for the project.
2. Visa on arrival for Japanese citizens
By signing the pact, India has also eased out Visa regulations for Japanese citizens.
After the talks, Modi also announced that “Recognising our special relationship, India will extend ‘visa on arrival’ to all Japanese citizens from 1st March 2016.”
3. Defence Equipment And Security Measures
The two sides also inked agreements – one concerning the Transfer of Defence Equipment and Technology and another related to Security Measures for Protection of Classified Military Information.
Terming defence pacts as “decisive steps in our security cooperation”, Modi said they will deepen the defence relations and promote defence manufacturing in India.
“This builds on our decision to expand staff talks to all three wings of the Armed Forces and make Japan a partner in Malabar Naval Exercises,” he added.
4. Peace and Prosperity in Indo-Pacific region
The two leaders also issued a joint statement on ‘India and Japan Vision 2025: Special Strategic and Global Partnership Working Together for Peace and Prosperity of the Indo-Pacific Region and the World’.
The statement said the two Prime Ministers welcomed the agreement reached between the two governments for cooperation in peaceful uses of nuclear energy and confirmed that this agreement will be signed after the technical details are finalised including those relating to necessary internal procedures.
Feature image source: @MEAIndia/Twitter