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India, Japan commit to work closely to improve regional prosperity

Fiinews by Fiinews
November 12, 2016
in Investment, Japan, Projects, Technology
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India-Japan work in progress

The Prime Minister, Shri Narendra Modi and the Prime Minister of Japan, Mr. Shinzo Abe on-board the Shinkansen bullet train to Kobe, in Japan on November 12, 2016.
Modi and Abe on-board the Shinkansen bullet train to Kobe on November 12, 2016. Japanese high-speed technology will be used in India.
Prime Minister Shinzo Abe has proposed a new initiative combining the human, financial and technological resources of the two countries to advance the objectives of seeing prosperous Indo-Pacific region including through Japanese Official Development Assistance projects.

Welcoming this during his three-day visit from Nov 10, 2016, Prime Minister Narendra Modi acknowledged the importance of bilateral cooperation between the two countries.

The two Prime Ministers underscored the importance of India-Japan dialogue to promote cooperation and collaboration in Africa, with the objective to synergise their efforts and explore specific joint projects including in the areas of training and capacity building, health, infrastructure and connectivity.

They also expressed their intention to work jointly and cooperatively with the international community to promote the development of industrial corridors and industrial network in Asia and Africa.

The two Prime Ministers welcomed the prospects of cooperation between the two countries for promoting peace and prosperity in South Asia and neighboring region, such as Iran and Afghanistan, through both bilateral and trilateral cooperation, inter-alia, in the development of infrastructure and connectivity for Chabahar (port in Iran). They directed their officials to expeditiously work out details for such cooperation.

The two Prime Ministers welcomed the holding of trilateral dialogue among Japan, India and the United States and deepen trilateral dialogue among Japan, India and Australia.

The two Prime Ministers affirmed closer cooperation in safeguarding the global commons and domains such as maritime, space as well as cyber.

The two Prime Ministers recognised the importance of effective national export control systems. Japan welcomed India’s recent accession to the Missile Technology Control Regime (MTCR) and the Hague Code of Conduct against Ballistic Missile Proliferation (HCOC) and its intensified engagement with the export control regimes.

The two Prime Ministers reaffirmed their commitment to work together for India to become a full member in the remaining three international export control regimes: Nuclear Suppliers Group, Wassenaar Arrangement and Australia Group, with the aim of strengthening the international non-proliferation efforts. fii-news.com

Tags: Indo-Pacific region.ModiOfficial Development AssistanceShinzo Abe
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