India May Finalise Its First Defence Deal With Japan In PM Abe's Two Day Visit

News World India | 1
| September 13 , 2017 , 15:52 IST

As Japanese Prime Minister makes his two-day visit to India, the two countries are expected to sign a number of deals and partnership agreements along with talks of strengthening defence ties.

With the two countries getting closer, given the strategic and economic outlook, India and Japan are expected to sign some key projects, with some reports claiming that they might even ink their first defence project as well.

According to reports, India and Japan are bidding to enhance their cooperation in defence and nuclear technology, given India's recent clash with China and North Korea gaining ground with ballistic missiles. In these circumstances, India might find it the right moment to push the much-delayed purchase of US-2 Japanese plane.

While the two countries are working on lines of joint development, some element of 'Make in India' might find a place in the agreement. Since the bureaucracy in both the countries are also slow, the finalisation of the project could also take up some time.

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The two countries are already teaming up for huge infrastructure and connectivity projects in Asia and Africa with their  'Asia-Africa growth corridor'.

India is also looking up for more collaboration with Japanese countries with the completion of civil nuclear deal. The deal was signed between the two countries back in 2016. It will welcome numerous Japanese nuclear companies after Fukushima shut down.

Although these companies will not get the entire project themselves, they would be invited to invest and support the Indian companies in designing, building and operating the reactors. Not only will this provide Japanese expertise in the reactors, it will also provide opportunities to Indian companies.

Indian government's earlier decision of building 10 new nuclear power reactors also provides a guide to the Japanese companies. Since India is not a member of the Nuclear Suppliers Group (NSG), it hopes to take advantage of the 2008 waiver to its fullest.