Prime Minister Narendra Modi and Japanese counterpart Shinzo Abe signed the historic Civil Nuclear Deal between India and Japan. The deal would allow Japan to export nuclear technology to India, making it the first non-NPT signatory to have such a deal with Tokyo.
The move is likely to boost bilateral economic and security ties and facilitate US-based players to set up atomic plants in India. The two countries had reached a broad agreement for cooperation in civil nuclear energy sector during Abe’s visit to India in December last year.
A landmark deal for a cleaner, greener world! PM @narendramodi and PM @AbeShinzo witness exchange of the landmark Civil Nuclear Agreement pic.twitter.com/1HPy72XJhi
— Vikas Swarup (@MEAIndia) November 11, 2016
Japan is a major player in the nuclear energy market and an atomic deal with it will make it easier for US-based nuclear plant makers Westinghouse Electric Corporation and GE Energy Inc to set up atomic plants in India as both these conglomerates have Japanese investments.
PM: Our strategic partnership is not only for the good & security of our own societies. It also brings peace, stability & balance to region pic.twitter.com/GRqpUzlmQY
— Vikas Swarup (@MEAIndia) November 11, 2016
The ocean waters of the Indo-Pacific that lap the coast of Japan also form the surf that breaks on the shores of India: PM Narendra Modi pic.twitter.com/0UYWL4l6M7
— ANI (@ANI_news) November 11, 2016
Other nations who have signed civil nuclear deal with India include the US, Russia, South Korea, Mangolia, France, Namibia, Argentina, Canada, Kazakhstan and Australia.
