Skip to main content

MoneyWorks4Me

India, Japan sign 15 agreements to widen ties

15 Sep 2017 Evaluate

After the historic launch of India's first bullet train project between Ahmedabad and Mumbai, India and Japan have signed 15 key agreements including open sky agreement, to further expand the horizon of their bilateral relationship. The open sky agreement will allow the countries airlines to operate unlimited number of flights between the two countries.

Along with agreements like disaster risk management, international joint exchange program in science & technology and India-Japan Act East forum, the two nations also agreed to set up a working group to boost civil nuclear ties, reaffirming their commitment to work together for India to become a full member in multilateral export control regimes such as the Nuclear Suppliers Group (NSG), Wassenaar Arrangement and the Australia Group.

Besides, in order to accelerate and facilitate Japanese investments in India, an agreement was signed between the Department of Industrial Policy and Promotion and Japan's Ministry of Economy, Trade and Industry. To implement the commercial arrangement of ‘Cool EMS’ service, one more agreement was signed between India Post and Japan Post which will help to send fresh food from Japan to India in cool boxes for Japanese expatriates in India.