Eight Months After Signing, India-Japan Civil Nuclear Co-op Deal Comes Into Full Force

Eight Months After Signing, India-Japan Civil Nuclear Co-op Deal Comes Into Full Force

Eight months after it was sealed, a landmark civil nuclear cooperation deal between India and Japan came into force on Thursday. The deal provides for collaboration between their industries in the nuclear field.

The External Affairs Ministry said that Foreign Secretary S Jaishankar and Japanese Ambassador Kenji Hiramatsu marked the operationalisation of the pact by exchanging diplomatic notes.

“This agreement is a reflection of the strategic partnership between India and Japan and will pave the way for enhanced cooperation in energy security and clean energy. The agreement seeks to promote full cooperation between the two countries in the development and uses of nuclear energy for peaceful purposes on a stable, reliable and predictable basis,” External Affairs Ministry spokesperson Gopal Baglay told reporters.

The deal allows Japan to export nuclear technology to India, making it the first non-NPT signatory to have such a deal with Tokyo, PTI reports.

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 a civil nuclear deal with India include the US, Russia, South Korea, Mangolia, France, Namibia, Argentina, Canada, Kazakhstan and Australia.

Source Link – Times Now

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