Welcome to SPN

Register and Join the most happening forum of Sikh community & intellectuals from around the world.

Sign Up Now!
  1. Guest ji, please consider donating today!   Become a Supporter    ::   Make a Contribution   
    Monthly (Recurring) Target: $300 :: Achieved: $95

India Japan to grant India $2.32 bn aid

Discussion in 'Breaking News' started by Archived_Member16, Mar 27, 2013.

  1. Archived_Member16

    Archived_Member16
    Expand Collapse
    SPNer Contributor

    Joined:
    Jan 7, 2005
    Messages:
    3,450
    Likes Received:
    3,757
    Japan to grant India $2.32 bn aid
    PTI - Mar 27, 2013, 08.15 PM IST



    TOKYO:
    India and Japan have agreed to promote their bilateral strategic and global partnership especially in economic and security areas, with Tokyo granting a $2.32 billion aid for infrastructure building.

    "We hope to deepen and develop a strategic and global partnership (with India) by building a close cooperative relationship," Japanese foreign minister Fumio Kishida said after meeting external affairs minister Salman Khurshid here.

    During the meeting yesterday, Kishida unveiled a 220 billion yen ($2.32 billion) aid to India for infrastructure building and a 71-billion-yen loan ($753.17 million) for the subway project in India's financial capital Mumbai, the Japanese news agency Kyodo reported.

    Khurshid appreciated the aid, saying "Such assistance has been utilized in upgrading our infrastructure. The iconic Delhi Metro project has positively impacted the lives of millions of Indian citizens in the National Capital Region of Delhi."

    The loan package consists of four projects, including a freight railway project connecting New Delhi and Mumbai, and a subway construction project in southern India.

    Kyodo said the two leaders also agreed to further advance cooperation on a future high-speed railway project.

    "Our security cooperation is proceeding well. Earlier this year, we received the Chief of the Japanese Maritime Self Defence Force in India and your Defence Minister is expected to visit us later this year. The 1st Maritime Affairs Dialogue between India and Japan was held in January this year," Khurshid said, noting that bilateral security cooperation is proceeding well.

    "As the two largest democracies of Asia, we agreed to expand our cooperation in the Asia-Pacific region. Foreign Minister Kishida and I agreed that India and Japan will coordinate their actions more closely within the East Asia Summit process," Khurshid said.

    On his part, Kishida said, "We agreed to promote cooperation in ensuring maritime safety and security through joint exercises, while enhancing a bilateral political dialogue and a trilateral one involving Japan, the US and India."

    They also agreed to promote negotiations on a bilateral nuclear energy pact as part of civilian nuclear energy cooperation between the two countries, Kyodo said.

    The two leaders also discussed a visit to Japan by Prime Minister Manmohan Singh, which has been postponed since November but that could take place "shortly," it said.

    "We will coordinate our actions and efforts more closely within the East Asia Summit process," Khurshid said.

    "My ambition is to take our relationship a little bit higher" than the 634-meter Skytree communications tower, one of the newest landmarks in Tokyo, he added.

    "As the two largest democracies of Asia, we agreed to expand our cooperation in the Asia-Pacific region. Foreign Minister Kishida and I agreed that India and Japan will coordinate their actions more closely within the East Asia Summit process," Khurshid said.

    On his part, Kishida said, "We agreed to promote cooperation in ensuring maritime safety and security through joint exercises, while enhancing a bilateral political dialogue and a trilateral one involving Japan, the US and India."

    They also agreed to promote negotiations on a bilateral nuclear energy pact as part of civilian nuclear energy cooperation between the two countries, Kyodo said.

    The two leaders also discussed a visit to Japan by Prime Minister Manmohan Singh, which has been postponed since November but that could take place "shortly," it said.

    "We will coordinate our actions and efforts more closely within the East Asia Summit process," Khurshid said.

    "My ambition is to take our relationship a little bit higher" than the 634-meter Skytree communications tower, one of the newest landmarks in Tokyo, he added.

    source: http://timesofindia.indiatimes.com/...t-India-2-32-bn-aid/articleshow/19245626.cms?
     
    • Like Like x 1
  2. Loading...

    Similar Threads Forum Date
    Pacific Hikikomori: Why are so many Japanese men refusing to leave their rooms? Breaking News Jul 5, 2013
    World Australia and Japan in Court Battle over Whaling Breaking News Jun 28, 2013
    Leaves Falling in Japan: Retired Husband Syndrome Love & Marriage Dec 7, 2012
    General Japanese Kitty Learns Foreign Language Videos Oct 3, 2011
    Japan World Cup Soccer Victory Helps Rebuild National Pride Inspirational Stories Jul 18, 2011

Since you're here... we have a small favor to ask...

More people are visiting & reading SPN than ever but far fewer are paying to sustain it. Advertising revenues across the online media have fallen fast. So you can see why we need to ask for your help. Donating to SPN's is vote for free speech, for diversity of opinions, for the right of the people to stand up to religious bigotry. Without any affiliation to any organization, this constant struggle takes a lot of hard work to sustain as we entirely depend on the contributions of our esteemed writers/readers. We do it because we believe our perspective matters – because it might well be your perspective, too... Fund our efforts and together we can keep the world informed about the real Sikh Sikhi Sikhism. If everyone who writes or reads our content, who likes it, helps us to pay for it, our future would be much more secure. Every Contribution Matters, Contribute Generously!

    Become a Supporter      ::     Make a Contribution     



Share This Page