Friday, December 11, 2015

Golez: The emerging Japan- India alliance is strengthening economically and militarily. Why Japan PM Shinzo Abe's India Visit Is Crucial for Both Nations Ismael Spencer11 December 2015

Golez: The emerging Japan- India alliance is strengthening economically and militarily.

Why Japan PM Shinzo Abe's India Visit Is Crucial for Both Nations Ismael Spencer11 December 2015, 10:43 

This will be the ninth time for Japan and India to hold annual summit-level talks at the prime ministerial level. At a meeting on the sidelines of the recent United Nations climate summit in Paris, Abe had reiterated Tokyo's readiness to assist New Delhi's efforts to reduce pollution. On 11th December, the Prime minister of Japan, Shinzo Abe will reach to Delhi for a three-day official visit and it is also expected an agreement will be formed in between India and Japan upon the first Bullet train of India which will run between the Mumbai and Ahmedabad. The Indian government is committed to an economic growth of over 8%. A deal may also be finalised that will allow India to buy and build Japanese seaplanes. All these are directed at propelling the economy towards a sustained development. This train will join the two metropolitan cities of India. Indian officials in Beijing told PTI that Japan had undertaken the feasibility study for the 500-km Mumbai-Ahmedabad corridor well before China entered the fray offering to do the Chennai-Delhi route that could cost over United States dollars 20 billion. The sanctions were lifted in 2001 and relations have since improved significantly. The industrial development of India hinges on Foreign Direct Investment. Later, it is true, Japan and India drifted apart during the cold war. He was one of the first Asian leaders to envision a "broader Asia", linking the Pacific and Indian Oceans to form the Indo-Pacific. Japan also had a serious energy problem and looked for ways to minimise petroleum use. Still, India sees a lot of synergy: Japan has skills and capital, while India has a vast untapped market and much scope to boost manufacturing. However, India, with its low-priced skilled labour and location closer to the Middle East and Africa, is slowly gaining importance as an assembling location. The number of Japanese companies in India has grown to over 1,200. The two Prime Ministers, on the final summit assembly held in Tokyo, had agreed to elevate the connection to Special Strategic and Global Partnership. China's rise is marked by an assertive stance in regional and bilateral issues. Both the minister and the official declined to be identified. "I think we need both, China and Japan". Two other possible deals would be more significant, and therefore contentious. Japan's Chief Cabinet Secretary Yoshihide Suga said the visit was aimed at "strengthening cooperation in a wide range of fields including politics, security, economic cooperation and exchange of people". "China should not be concerned as long as India does not gang up with the United States and Japan". India is not even among Japan's top 10 trading partners (pdf)-China leads the pack, closely followed by the US. Few doubted that he was thinking of China (and perhaps Russian Federation, too). Mr Modi had visited Japan from August 30 to September 3 last year, during which visit Japan announced the doubling of its private and public investment in India to around $34 billion over a period of five years. The situation is poised to change now as Japan begins exercising its right of collective self-defence. Japanese forging major Japan Steel Works (JSW) is a supplier of critical equipment for reactor pressure vessels for most firms worldwide. There are still many details to be worked out and Abe is likely to face huge domestic opposition back home if he does sign a civilian nuclear pact with India. India will be the second country after Taiwan to have Japan's "Shinkansen" bullet trains. Sacred Heart http://sacredheartspectrum.com/2015/12/why-japan-pm-shinzo-abes-india-visit-is-crucial-for-both/

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