Modi in Tokyo: Japan to Invest $34 Billion in India, No Nuke Deal





The five-year period will also see the doubling of the presence of Japanese firms in India, Abe said. Thanking Abe for providing him an opportunity to make Japan his first bilateral visit outside South Asia, Modi said," we both have decided to raise the relationship to a special strategic and global partnership by giving it a special emphasis". Asserting that his visit ushered in a dawn of new era in Indo-Japan relations, Modi said there is no "limit" to partnership between the two countries.

Coinciding with the summit, Japan removed six of India's space and defence-related entities from its Foreign End User List.

On the nuclear cooperation issue, Abe said "important progress" has been made in the past several months.

He said the two sides were able to have a frank discussion and a deeper understanding on this issue.

Modi said India and Japan are old friends and that his current visit will give an opportunity to both of them to further intensify their ties.

Modi said a developed India and a prosperous Japan was important for Asia and for global peace and security. India and Japan are two big democracies and they are also part of the three big economies of Asia, he noted.

He said 21st century is said to be Asia's century but for that to become a reality it is dependent on cooperation between India and Japan and that is why the two countries have decided to elevate their relationship.
"This is not just raising the relationship from one category to another... Our relationship is not only regional in its framework, but will have a global impact," he added.

Modi also said that Japan occupies top priority in India's foreign policy.

He was effusive in his praise for Abe saying he spent a considerable amount of his valuable time to be with him in Kyoto for two days and in Tokyo today.

The Prime Minister said Abe has agreed to cooperate with India in all areas taking into account his vision of inclusive development of the country.

"We will help you," Abe told Modi, adding he was ready to extend his help in Ganga cleaning project when he raised the issue.

"This is an example of his love and respect for India," he said, adding the relationship between the two countries was also spiritual in nature.

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Source: PTI