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Japan and India Launch Talks on Civilian Nuclear Pact

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Japan and India Launch Talks on Civilian Nuclear Pact


TOKYO—Japan and India began negotiations Monday toward a civilian nuclear pact that could pave the way for major Japanese players, such as Hitachi Ltd., Toshiba Corp. and Mitsubishi Heavy Industries, to expand into India's growing nuclear-power sector.

The talks began in Tokyo shortly after India's Prime Minister Manmohan Singh met Japan's Prime Minister Naoto Kan on the sidelines of the Group of 20 summit in Toronto.

The two-day talks represent "the first round of negotiations," Japan's foreign ministry said in a statement. They signal a significant shift for Japan, which previously refrained from entering such discussions out of concern over India's refusal to join the Nuclear Non-Proliferation Treaty aimed at limiting the spread of nuclear weapons.

The talks could be the first step toward bringing Japan into line with the U.S., France and Russia, which already have bilateral civilian nuclear-technology agreements with India.

A Japan-India pact also would likely hearten non-Japanese companies, such as General Electric Co. of the U.S. and Areva SA of France, as it would allow them to use key Japanese technology in their India projects.

This month, South Korea began discussions with energy-hungry India, lending support to the view that Japan was ceding more ground in the competition for lucrative overseas nuclear-technology orders.

Japan's new government under Prime Minister Kan has released an economic-growth strategy calling for more infrastructure project exports, which could include nuclear technology. After the release, trade minister Masayuki Naoshima told reporters that India's use of nuclear technology for peaceful purposes "has already been internationally accepted."

Still, Japan's government didn't give the official green light for talks until Friday, in part because the foreign ministry was considering whether to sign off, according to a ministry official. Japan is the only country to have suffered a nuclear attack, and critics have objected to Non-Proliferation Treaty members selling nuclear-power technologies to states that haven't signed the agreement, a practice they say the treaty implicitly bans. India has tested and possesses nuclear weapons.

But analysts say Tokyo may use the talks to push India not to test any more nuclear weapons and to stick to strict export controls. The foreign ministry official said that even after the talks start, "Japan will continue to make sure India is abiding to its commitments."

On the Japanese side, Ministry of Foreign Affairs Deputy-Director General Mitsuru Kitano is leading the talks. His Indian counterpart is Gautam Bambawale, a joint secretary in the Ministry of External Affairs.


Japan, India Start Talks on a Nuclear Pact - WSJ.com
 
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I think Indo-Japanese Nuke deal will be the tenth deal for India.

List of countries with Civilian Nuke deal with India:

1. United States
2. Russia
3. France
4. United Kingdom
5. Namibia
6. Argentina
7. Mongolia
8. Kazakhstan
9. Canada
10. Japan
 
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Even though off topic... the timing of this article and Indo-Japanese deal & Pak-China deal is what is interesting.

Letter to Editor - Dawn

It has been reported in the print and electronic media that India and Canada have signed a landmark nuclear deal in Toronto. Reports further say that Canada is the eighth nation to reach a civil nuclear deal with India since the Nuclear Suppliers Group, a cartel which trades in nuclear fuel equipment and technology, lifted a 34 year-old ban on India in 2008.

The Indo-Canada civil nuclear deal has been in the air for some time but quite expectedly there has been no strong reaction and criticism on the issue from the USA and other western countries.

There was no other country but the US which bluntly declined to enter into a civil nuclear technology deal with Islamabad like the one it had signed with New Delhi.

India had drawn the attention of all western countries including America ahead of the Nuclear Security Summit in Washington in March this year to what New Delhi described as “Pakistan’s poor track record regarding nuclear proliferation”.

The US, France, Britain and other countries, which somehow have so far not really recognised Pakistan as a nuclear power, have time and again been told and assured quite categorically by Islamabad that the country’s atomic assets are in safe hands. A fool proof command and control system is in place and is working effectively and that the nuclear technology smuggling network has also been broken some years back.

However, these assurances have not been able to allay the fears of the US and other countries. They prefer to look the other side when India enters into a civil nuclear technology with Canada.

These very countries have also raised objections to Pakistan’s civil nuclear technology deal with China recently.

Though New Delhi is equipping itself with arms and equipments from all sources, it cannot withstand it if Islamabad signs a civil nuclear deal with China for peaceful purposes of power generation.

BILAL MUSHTAQ SHAIKH
 
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Most of jap nuclear technology is US imported rather than indigenous.A treaty with them is only a gesture of diplomatic goodwill for both nations rather than actual transfer of real time technology or equipments
 
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Most of jap nuclear technology is US imported rather than indigenous.A treaty with them is only a gesture of diplomatic goodwill for both nations rather than actual transfer of real time technology or equipments

You are half right. But for US technologies to come to India, Japanese companies need this treaty to work in India.
 
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I think Indo-Japanese Nuke deal will be the tenth deal for India.

List of countries with Civilian Nuke deal with India:

1. United States
2. Russia
3. France
4. United Kingdom
5. Namibia
6. Argentina
7. Mongolia
8. Kazakhstan
9. Canada
10. Japan

A very nice mix of fuel/uranium suppliers and technology suppliers.We need both. Hope some more emphasis being given to Thorium based Nuclear power plants.:cheers:
 
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Good will is growing i guess


Billionaire Indian Banker Looks East
June 30, 2010

India’s Kotak Mahindra Bank, onetime partner of Goldman Sachs, has forged a new partnership with Japan’s Sumitomo Mitsui Banking Corp. In a deal announced Wednesday, Sumitomo is acquiring a 4.5% stake in Kotak Mahindra for $294 million, through the issue of 16.4 million new shares. The deal, struck at a 12% premium to Kotak Mahindra’s stock price, values the bank at $6.5 billion.

Billionaire banker Uday Kotak, who founded and runs the bank, says this latest move signals a strategic shift. “India’s financial sector has for far too long been Western-focused. It’s time we started looking at new avenues for growth, “ he elaborated.

Kotak said his bank will use the money raised from the sale to fund expansion and acquisitions. “ We can create new revenue streams with Sumitomo, “ he added. “ India has tremendous growth opportunities. Japan has high savings but low growth. There’s an obvious synergy there. “

The two partners have signed an agreement to collaborate on several business fronts including asset management, infrastructure financing – an infrastructure fund is in the works-and investment banking, notably on the debt side. Kotak said they would look at helping Indian companies to raise foreign funds and work with Japanese companies operating in India. “ The Indo-Japan corridor is emerging as very important.” he said.

Kotak’s initial impetus for the stake sale was to meet a regulatory requirement as mandated by the Reserve Bank of India, of reducing the promoters’ holding in the bank to below 49%. The bank was originally co-founded by Kotak and tractor tycoon Anand Mahindra in 1985 as a small financial services firm which acquired a banking licence in 2003. Post the deal with Sumitomo, Kotak will have 46% and Mahindra just under 3%.

Another big announcement could soon follow that of the Kotak-Sumitomo alliance. Reportedly, Reliance Industries is on the verge of forging a joint venture with D.E.Shaw, marking the entry of Mukesh Ambani in financial services, a sector that his younger sibling Anil already has a major presence in. Since the recent rapprochement between the two billionaire brothers which led to the the scrapping of a non-compete agreement between them, Mukesh has moved quickly. He stormed into telecom with the $1 billion acquisition of a 95% stake in Infotel Broadband which snatched a national licence for broadband wireless in a recent auction. Apart from financial services, his next move, it is speculated, could well be in power.
 
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A very nice mix of fuel/uranium suppliers and technology suppliers.We need both. Hope some more emphasis being given to Thorium based Nuclear power plants.:cheers:

We need to convince Australia also to sign an agreement. They have one of the largest Uranium reserves with them. However, the countries we have agreement with are also one of the biggest suppliers of the nuclear fuel. The good thing about the deals are we can now use home produce uranium and plutonium for other R&D purposes and work faster towards thorium reactors.
 
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A significant step by Japan and change in their altitude. Now they are ready to do business with a nuke armed country that didn't sign CTBT and NPT.
 
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Post reported

Please everyone report this post.
 
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India, Japan to hold second round of talks on N-cooperation​



NEW DELHI: Signifying an important movement forward ahead of Prime Minister Manmohan Singh's visit to Tokyo later this month, India and Japan will hold a second round of talks from Friday on bilateral civil nuclear cooperation.

The two-day talks will be led by joint secretary (East Asia) Gautam Bambawala from Indian side and special representative Mitsuru Kitano from the Japanese side, sources said on Thursday.

The second round which comes in just over three months of the launch of the talks for civil nuclear cooperation, signifies a major forward movement towards early conclusion of the pact, the sources said.

However, they said, there was no timeline for signing the pact. They were replying to a query whether the agreement can be inked during Singh's visit to Tokyo from October 24.

While both sides are keen to have the pact in place, there are no timeline for the completion.

The negotiations for the pact were launched on June 28 when officials of both the countries met for the first round.

The pact will pave the way for sales of advance technology by Japanese majors such as Mitsubishi and Hitachi.


Read more: India, Japan to hold second round of talks on N-cooperation - The Times of India India, Japan to hold second round of talks on N-cooperation - The Times of India
 
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Joker has become a real joker.. Instead of showing stomach burning activities why cant you get into your countries politics and clean it?? if you cant do anything for you country then you can simply ignore other countries development as you are least interested in your country
 
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