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(195) 12-05-2015-to-12-11-2015_____****THE****WINDS****of****WAR****
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For links see article source.....
Posted for fair use.....
http://www.wsj.com/articles/india-a...nse-deals-in-show-of-stronger-ties-1449918627
India and Japan Sign Rail and Defense Deals in Show of Stronger Ties
The two countries also moved closer toward a nuclear deal
By Gabriele Parussini
Dec. 12, 2015 6:10 a.m. ET
0 COMMENTS
MUMBAI—India and Japan on Saturday signed a $15 billion high-speed rail agreement and a raft of other accords to strengthen ties, as countries across Asia seek to counterbalance China’s growing assertiveness in the region.
Indian Prime Minister Narendra and Shinzo Abe, his Japanese counterpart, said they would run joint naval exercises and agreed to transfer technology to increase arms production in India. They also took a step toward a pact on the use of civil-nuclear energy, but said technical details needed to be ironed out before a final agreement was signed.
“We have made enormous progress in economic cooperation and in our regional partnership and security cooperation,” said Mr. Modi.
The two countries announced they had agreed a plan to build the 500-kilometer high-speed corridor, a significant upgrade to India’s outdated and slow railway system.
The multibillion-dollar deal to build a railway between Mumbai and Gujarat’s capital, Ahmedabad, comes as the last step of a quick rapprochement between Asia’s two largest democracies over the past 18 months, in what observers see as a concerted effort to build a counterweight to China’s influence.
The railway deal—which comes with financing worth $12 billion on terms Mr. Modi described as “very easy”—also represents a boon for Japanese business, which has suffered embarrassing losses to China in bids for bullet-train contracts in Indonesia and Thailand.
The high-speed railway project will use technology developed to build Japan’s extensive Shinkansen network—on which trains run at more than 300 kilometers an hour—and will be a welcome update to India’s vast but often inefficient and overburdened railway network, which acts as a break on the country’s economic growth.
“This enterprise will launch a revolution on Indian railways and speed up India’s journey into the future,” Mr. Modi said at the news conference. “It will become an engine of economic transformation in India.”
An energy accord with Japan would allow India to boost its nuclear-power production, easing international pressure for the South Asian nation to cut carbon emissions generated by its coal-fired power plants.
News of the rail deal came out ahead of the meeting, but officials said that talks on the nuclear deal were continuing Friday evening.
India needs nuclear technology to boost the energy supply to its fast-expanding economy, while keeping its carbon emissions—already the world’s fourth-largest—under control.
Japan, the only country to have suffered nuclear attacks, sought assurances from India, which isn’t a signatory on the global Nuclear Non-Proliferation Treaty, a 1968 agreement signed by 190 countries, to prevent the spread of nuclear weapons.
“I know the significance of this decision for Japan, and I assure you that India deeply respect that decision and will honor and respect its commitments,” Mr. Modi said.
Messrs. Modi and Abe said Japan will take part in the India-U.S. Malabar naval exercises off the coast of the South Asian country on a regular basis, to develop stronger capabilities to deal with maritime challenges in the Indo-Pacific region.
Mr. Modi indicated his support for Mr. Abe as Asian nations struggle with their response to China’s moves to reclaim land in small reefs whose sovereignty is contested by its South China Sea neighbors, including Japan, Vietnam and the Philippines.
The two leaders stressed the “critical importance” of the sea lanes in the South China Sea for regional security, trade and commerce, and called on all states to avoid unilateral actions that could lead to tensions in the region.
“We stand strongly for ensuring freedom of navigation and oversight on maritime commerce. We believe that disputes must be resolved peacefully and that all countries must abide by international laws and norms on maritime issues,” Mr. Modi said.
The two countries also signed agreements on military intelligence and the transfer of defense technology to manufacture weapons in India.
Japan said it supported India’s application to join the Asia-Pacific Economic Cooperation, or APEC, a group of 21 Pacific Rim member economies that promotes free trade throughout the region. It also allocated 1.5 trillion yen ($12.41 billion) to promote bilateral trade.
Write to Gabriele Parussini at gabriele.parussini@wsj.com
Related
Modi Embraces Abe; Still Holds China Close
India’s Modi Seeks to Attract More Japanese Investment
India and Japan Pursue Closer Ties to Counter China
http://www.timebomb2000.com/vb/show...27-2015_____****THE****WINDS****of****WAR****
(194) 11-28-2015-to-12-04-2015_____****THE****WINDS****of****WAR****
http://www.timebomb2000.com/vb/show...04-2015_____****THE****WINDS****of****WAR****
(195) 12-05-2015-to-12-11-2015_____****THE****WINDS****of****WAR****
http://www.timebomb2000.com/vb/show...11-2015_____****THE****WINDS****of****WAR****
_____
For links see article source.....
Posted for fair use.....
http://www.wsj.com/articles/india-a...nse-deals-in-show-of-stronger-ties-1449918627
India and Japan Sign Rail and Defense Deals in Show of Stronger Ties
The two countries also moved closer toward a nuclear deal
By Gabriele Parussini
Dec. 12, 2015 6:10 a.m. ET
0 COMMENTS
MUMBAI—India and Japan on Saturday signed a $15 billion high-speed rail agreement and a raft of other accords to strengthen ties, as countries across Asia seek to counterbalance China’s growing assertiveness in the region.
Indian Prime Minister Narendra and Shinzo Abe, his Japanese counterpart, said they would run joint naval exercises and agreed to transfer technology to increase arms production in India. They also took a step toward a pact on the use of civil-nuclear energy, but said technical details needed to be ironed out before a final agreement was signed.
“We have made enormous progress in economic cooperation and in our regional partnership and security cooperation,” said Mr. Modi.
The two countries announced they had agreed a plan to build the 500-kilometer high-speed corridor, a significant upgrade to India’s outdated and slow railway system.
The multibillion-dollar deal to build a railway between Mumbai and Gujarat’s capital, Ahmedabad, comes as the last step of a quick rapprochement between Asia’s two largest democracies over the past 18 months, in what observers see as a concerted effort to build a counterweight to China’s influence.
The railway deal—which comes with financing worth $12 billion on terms Mr. Modi described as “very easy”—also represents a boon for Japanese business, which has suffered embarrassing losses to China in bids for bullet-train contracts in Indonesia and Thailand.
The high-speed railway project will use technology developed to build Japan’s extensive Shinkansen network—on which trains run at more than 300 kilometers an hour—and will be a welcome update to India’s vast but often inefficient and overburdened railway network, which acts as a break on the country’s economic growth.
“This enterprise will launch a revolution on Indian railways and speed up India’s journey into the future,” Mr. Modi said at the news conference. “It will become an engine of economic transformation in India.”
An energy accord with Japan would allow India to boost its nuclear-power production, easing international pressure for the South Asian nation to cut carbon emissions generated by its coal-fired power plants.
News of the rail deal came out ahead of the meeting, but officials said that talks on the nuclear deal were continuing Friday evening.
India needs nuclear technology to boost the energy supply to its fast-expanding economy, while keeping its carbon emissions—already the world’s fourth-largest—under control.
Japan, the only country to have suffered nuclear attacks, sought assurances from India, which isn’t a signatory on the global Nuclear Non-Proliferation Treaty, a 1968 agreement signed by 190 countries, to prevent the spread of nuclear weapons.
“I know the significance of this decision for Japan, and I assure you that India deeply respect that decision and will honor and respect its commitments,” Mr. Modi said.
Messrs. Modi and Abe said Japan will take part in the India-U.S. Malabar naval exercises off the coast of the South Asian country on a regular basis, to develop stronger capabilities to deal with maritime challenges in the Indo-Pacific region.
Mr. Modi indicated his support for Mr. Abe as Asian nations struggle with their response to China’s moves to reclaim land in small reefs whose sovereignty is contested by its South China Sea neighbors, including Japan, Vietnam and the Philippines.
The two leaders stressed the “critical importance” of the sea lanes in the South China Sea for regional security, trade and commerce, and called on all states to avoid unilateral actions that could lead to tensions in the region.
“We stand strongly for ensuring freedom of navigation and oversight on maritime commerce. We believe that disputes must be resolved peacefully and that all countries must abide by international laws and norms on maritime issues,” Mr. Modi said.
The two countries also signed agreements on military intelligence and the transfer of defense technology to manufacture weapons in India.
Japan said it supported India’s application to join the Asia-Pacific Economic Cooperation, or APEC, a group of 21 Pacific Rim member economies that promotes free trade throughout the region. It also allocated 1.5 trillion yen ($12.41 billion) to promote bilateral trade.
Write to Gabriele Parussini at gabriele.parussini@wsj.com
Related
Modi Embraces Abe; Still Holds China Close
India’s Modi Seeks to Attract More Japanese Investment
India and Japan Pursue Closer Ties to Counter China