Taking bilateral engagement between India and Japan to a new height, the two countries on December 12 signed several agreements, including defence equipment and high-speed bullet train.
The strategic pacts were inked after the summit between Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe. The joint statement underlines the several subjects on which that India and Japan plan to work together.
According to the pact, the bullet train network will link the India’s financial hub Mumbai with Ahmedabad, the capital of Modi’s home state, Gujarat. The approx. cost of the project is estimated to be around Rs 98,000 crore.
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.
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.