1. India – Japan civil nuclear deal
- The India-Japan Agreement for Cooperation in the Peaceful Uses of Nuclear Energy entered into force on July 20, 2017.
- The pact was signed in Tokyo during the visit of Prime Minister Narendra Modi to Japan on November 11, 2016.
- India is the first non-member of the non-proliferation treaty (NPT) to have signed such a deal with Japan.
- The deal will help India access Japan’s nuclear market.
- The deal includes the option that Japan can give a year’s notice before terminating it in case India breaks the nuclear testing moratorium that it had extended to the Nuclear Suppliers Group in 2008.
- The deal is significant as it will help guarantee Japan’s continued support to India’s civil nuclear programme.
- The deal will bring Japan into the Indian nuclear market where France and Russia have already have a strong presence.
2. Asia Africa Growth Corridor
- The Asia-Africa Growth Corridor or AAGC is an economic cooperation agreement between the governments of India and Japan with the active support of the African Development Bank and several African countries including South Africa who wish to reduce their dependence on Beijing.
- The idea is to create a ‘free and open Indo-Pacific region’ by rediscovering ancient sea-routes and creating new sea corridors by integrating the economies of South, Southeast, and East Asia with Oceania and Africa.
- It primarily focuses on
a) Development Cooperation Projects,
b) Quality Infrastructure and Institutional Connectivity,
c) Enhancing Skills, and
d) People-to-People Partnership.
e) It was launched in May 2017. Its detailed roadmap has been prepared by three agencies viz.
f) Research and Information System for Developing Countries (RIS) New Delhi,
g) The Economic Research Institute for ASEAN and East Asia (ERIA)
Institute of Developing Economies (IDE-JETRO) of Tokyo.
3. India-Japan sign open sky agreement
- India and Japan have agreed to an open sky arrangement under which the airlines of both countries can operate an unlimited number of flights.
- The agreement will not only encourage connectivity and passenger travel between the two countries, but will also result in reduction in airfares on these routes.
- Open sky agreement:
a) The agreement was signed in accordance with the National Civil
Aviation Policy (NACP), 2016.
b) The NACP permits the government to enter into an ‘open sky’ air services agreement on a reciprocal basis with SAARC nations as well as countries with territory located entirely beyond a 5,000 kilometre radius from New Delhi.
c) In 2016 India signed an open sky agreement with Greece, Jamaica,
Guyana, Czech Republic, Finland, Spain and Sri Lanka.
d) India also signed a bilateral open sky agreement with the US in 2005.
e) In 2003, India had signed an open sky agreement with the 10-member Association of South East Asian Nations (ASEAN).
4. India Japan Act East Forum
- A memorandum of understanding to set up India Japan Act East Forum with an aim to marry India’s Act East Policy with Japan’s Free and Open Asia-Pacific strategy is among the major agreements signed duringJapanese Prime Minister Shinzo Abe’s visit to India for the 12th Indo-Japan annual summit.
- The forum will enhance connectivity and promote developmental projects in India’s Northeast region in an efficient and effective manner.
- Japan’s investments in the North East:
a) Japan has cooperated with a variety of development projects in the Northeast, ranging from connectivity infrastructure such as roads and electricity, water supply and sewage, to forest resource management and biodiversity.
b) Recently, India and Japan signed a document on Japanese loan and aid for highway development in the Northeast.
c) Japan will extend a loan of Rs 2,239 crore to India for ‘North East Road Network Connectivity Improvement Project’ to improve the National Highway 40 (NH-40) and construct a bypass on NH-54 in the Northeast.
d) Japan has a historic connection to the Northeast and is among the few countries that India has allowed a presence in the region.