April 26, 2024
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India, Japan to ink civil nuclear deal

In a bid to solve the energy crisis, India and Japan are set to ink a civil nuclear deal during the Prime Minister Narendra Modi’s visit to Tokyo on next week. As per the media report, each side has successfully completed the legal and technical procedures surrounding the much-awaited deal. On last December, during the Japanese Prime Minister Shiozo Abe’s visit to India, both countries had reached a preliminary agreement regarding the deal. That time, the deal met with some technical and legal constraints. It took more than ten months to solve the issue. Anyway, the authorities finally resolved all issues. Now, the deal is set to be inked. While speaking with the Media personals, the Indian External Ministry Spokesperson, Vikas Swarup, informed the reporters that both the nations have finished the legal and technical procedures of the nuclear deal. Anyway, he reportedly declined to answer whether the deal will be signed during the PM Modi’s visit to Japan. Japan is the biggest player in the nuclear business. The Japanese business persons even have shares in some US-based nuclear plant conglomerates, like Westinghouse Electric Corporation and GE Energy Inc. However, after the infamous Fukushima Nuclear disaster, the public support for the nuclear business in japan considerably reduced to null. Meanwhile, the experts believe that strengthening the bilateral relation between India and Japan will positively affect the growth of both the countries. It seems that our PM’s visit to Japan will be a crucial development.

Vignesh

Photo Courtesy : Google/ images may be subject to copyright

 

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