By Aashi Sehrawat
Japanese Prime Minister, Shinzo Abe, is visiting India nearly two months after operationalisation of the
historic Indo-Japan civil nuclear deal, which has added a new dimension to
bilateral ties that could scarcely be imagined in the wake of the 2011
Fukushima tragedy.
Japan is now possibly
India's closest strategic partner in the world, as both sides converge in their
strategic and economic outlook. It will be in the field of defense and nuclear
technologies that India and Japan hope to get to the next level. India is
likely to finalise the first defense purchases from Japan, the US-2
amphibious plane that has been tossed around between the two governments for
some years. Some element of "Make in India" may be introduced,
but the two sides are looking at a future where joint development will be the
key.
Japanese conglomerate
Toshiba, which owns US-based Westinghouse, will have a major role when the US
nuclear firm supplies technology for the set of six reactors in Andhra Pradesh
following its bankruptcy. The finance for the project from the US Exim Bank
remains intact and the initiative may kick-start only in 2018.
Countering China, India and
Japan are teaming up to roll out big infrastructure and connectivity projects
in Asian and African countries. The Asia-Africa growth corridor is slowly
getting off the ground, and while it will never be as nimble as the Chinese
OBOR, India and Japan are working on a different philosophy, involving more
local interests and participation.
With the completion of the
civil nuclear deal, India is looking at more collaboration with Japanese
nuclear companies. The deal was finally signed between India and Japan in
November 2016, and the Japanese parliament cleared it in June 2017.
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