India, Japan sign landmark civil nuclear deal | india-news | Hindustan Times
Today in New Delhi, India
Mar 29, 2017-Wednesday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

India, Japan sign landmark civil nuclear deal

india Updated: Nov 11, 2016 16:51 IST
PTI
India

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.

Read | PM Modi calls on Japanese emperor ahead of bilateral talks with Abe

“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.

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.