I/II. http://www.hindustantimes.com/india-news/india-japan-sign-landmark-civil-nuclear-deal/story-fAcudM7CEHut5qu6rbhPVI.html
India, Japan sign landmark civil nuclear deal PTI, Tokyo | Updated: Nov 11, 2016 16:51 IST Indian Prime Minister Narendra Modi is shakes hands with Japan's Prime Minister Shinzo Abe at the start of their meeting at Abe's official residence in Tokyo, Japan. (Reuters Photo) India and Japan on Friday signed a landmark civil nuclear cooperation deal after talks between Prime Minister Narendra Modi and his counterpart Shinzo Abe, a move that will 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, but the deal was yet to be signed as some issues were yet to be worked out. “A landmark deal for a cleaner, greener world! PM @narendramodi and PM @AbeShinzo witness exchange of the landmark Civil Nuclear Agreement,” external affairs ministry spokesperson Vikas Swarup tweeted on Friday. View image on TwitterView image on TwitterView image on Twitter Follow Vikas Swarup ✔ @MEAIndia A landmark deal for a cleaner, greener world! PM @narendramodi and PM @AbeShinzo witness exchange of the landmark Civil Nuclear Agreement 4:01 PM - 11 Nov 2016 544 544 Retweets 1,103 1,103 likes 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. It would also cement the bilateral economic and security ties as the two countries warm up to counter an assertive China. There was political resistance in Japan - the only country to suffer atomic bombings during World War II - against a nuclear deal with India, particularly after the disaster at the Fukushima Nuclear Power Plant in 2011. Read | India aims to be world’s most open economy: PM Modi in Japan 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. Other nations who have signed civil nuclear deal with India include the US, Russia, South Korea, Mangolia, France, Namibia, Argentina, Canada, Kazakhstan and Australia. II. http://www.hindustantimes.com/world-news/modi-abe-sign-historic-civil-nuclear-pact-what-it-means-for-india/story-VDilKdev7mbgfaxMszSnzK.html Modi, Abe seal historic civil nuclear pact: What it means for India Jayanth Jacob, Hindustan Times, New Delhi | Updated: Nov 11, 2016 17:46 IST Prime Minister Narendra Modi with Japanese Prime Minister Shinzo Abe during his ceremonial welcome in Tokyo on Friday. (PTI Photo) After almost six years of protracted negotiations, India and Japan on Friday signed a pact on civil nuclear cooperation. This is the first pact Japan has entered with a country that is not a signatory to the Non Proliferation Treaty (NPT). The deal would help speed up India’s civil nuclear cooperation with the US. Though a US-based firm, Westinghouse is a wholly-owned subsidiary of the Japanese firm Toshiba. Japan, the only country to have ever come under a nuclear attack, has remained wary of signing a pact with India, a non NPT country. After five years of discussions two sides concluded the pact last year and it was signed on Friday after the annual summit meeting between Prime Minister Narendra Modi and his Japanese counterpart, Shinzo Abe. Japanese companies are world leaders in nuclear technology and most nuclear power plant equipment-makers, barring the Russians, are dependent on them. Japan has a near monopoly over making reactor vessel with Japan Steel Works (JSW) leading the pack. In the fray are Chinese state-owned China First Heavy Industries, Creusot Forge, a subsidiary of France’s Areva group, Russia’s OMZ Izhora but JSW accounts for over 75% of the business globally. If Westinghouse is a Toshiba- subsidiary and even a General Electric reactor core is built by Hitachi. In other words, a pact with Japan would help the process of signing a nuclear cooperation agreement other countries easier. The Japanese have upper hand in nuclear fuel fabrication and breeder technology. And the pact with Japan helps India advance the technology cooperation with Japan. A pact with Japan helps India bolster its non-proliferation credentials. Japan approving of Indian credentials is a shot in the arm for the country to stress on its non-proliferation track record when it is pulling out all stops to get an entry into the Nuclear Suppliers Group (NSG). -- Peace Is Doable -- You received this message because you are subscribed to the Google Groups "Green Youth Movement" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send an email to [email protected]. Visit this group at https://groups.google.com/group/greenyouth. For more options, visit https://groups.google.com/d/optout.
