India and Japan Sign Deal to Improve Bilateral Trade

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Prime ministers from India and Japan have signed agreements to boost trade, investment and strategic partnership. Both the countries have also agreed to speed up talks on a civil nuclear cooperation deal.

On Monday, Indian Prime Minister Manmohan Singh and his Japanese counterpart Naoto Kan signed agreements in Tokyo to boost mutual trade, investment and strategic partnership.

The two governments wrapped up the talks, which are expected to open up new business opportunities and lead to an increase in trade and investment between the two countries.

Manmohan Singh and Naoto Kan also decided to speed up negotiations on a civil nuclear cooperation deal.

[Manmohan Singh, Indian Prime Minister]: (male, English)
"We discussed ways to expand high technology trade between India and Japan. I hope that Japan will make its export control regulations for such trade easier and predictable. Civil nuclear energy can be another mutually beneficial area of our cooperation.”

Prime Minister Naoto Kan hoped that New Delhi would respect Tokyo's sentiments on the nuclear issue.

[Naoto Kan, Japanese Prime Minister]: (male, Japanese)
"Regarding cooperation in civil nuclear energy, we again sought India's understanding of Japanese sentiment on nuclear issues. But having said that we agreed to further accelerate negotiations for the nuclear cooperation agreement.”

India and Japan also signed a memorandum on simplifying visa procedures.

Singh is currently paying an official visit to Japan for the Annual Summit of the Prime Ministers which wraps up today.

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