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Nuke Deal off

Hafizzz

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Nuclear deal with Japan off?
Nuclear deal with Japan off?- TIMESNOW.tv - Latest Breaking News, Big News Stories, News Videos

Ahead of Prime Minister Manmohan Singh's meet with his Japanese counterpart Naoto Kan in Tokyo, reports suggested that India is unlikely to ink a nuclear deal with the Asian country. The prime minister said, "I do recognise the sensitivity of the subject in Japan & will not force the issue."

However, Singh said India would like to form a nuclear energy partnership as it is aware of the advanced nuclear capabilities of Japanese firms and the important role they play in the global supply chain.

The two sides have held two rounds of negotiations which have made progress and the next round is expected in November to take the discussions further.

When pointed out that Japan was putting the condition that it will annul the nuclear cooperation if India goes for a nuclear test and whether it was agreeable to India, Singh refused to comment on specific details as the negotiations are still underway.

Singh, however, said both countries would benefit from an agreement that provides a long-term and stable basis of cooperation in the peaceful uses of nuclear energy. This, he said, will contribute towards our energy security requirements and will also help in the global efforts
to combat climate change.

:tup: :tup:
 
Not a big deal. The japanese will come on board once they see buisiness opportunities slipping away into the hands of americans and russians.
 

:rofl:

:yahoo::yahoo::yahoo:

As I said earlier all these were temporary delay, Japan is very sensitive to nuke cooperation specially with a country with nukes.


Japan bends, sets ball rolling for civil N-deal

Japan bends, sets ball rolling for civil N-deal - The Economic Times

TOKYO: India on Monday made significant progress in its efforts to enter into a civil nuclear deal with Japan. Considering the sensitivities of Japan on the nuclear issue, the development marks a major upgrade in the ties between the two nations.

A joint statement issued after detailed discussions between Prime Minister Manmohan Singh and Japanese Prime Minister Navoto Kan said the two leaders welcomed the commencement of negotiations between India and Japan on an agreement for cooperation in the peaceful uses of nuclear energy in June 2010. "They affirmed that cooperation in this sector will open up new opportunities for further developing the India-Japan strategic and global partnership. They encouraged their negotiators to arrive at a mutually satisfactory agreement for civil nuclear cooperation," the joint statement noted. Foreign secretary Nirupama Rao later told reporters that the third round of negotiations will be held in Tokyo in the third week of November.
 
India, Japan to speed up negotiations to conclude N-deal
PTI | 11:10 PM,Oct 25,2010


At the luncheon hosted by Nippon Keidanren, Singh said the Japanese FDI in India has grown substantially in the last three years, much because of mergers and acquisitions."We welcome greater Japanese involvement in (Indian) industry but I hope this will go beyond mergers and acquisitions to see Japanese Foreign Direct Investment creating new capacity in India's manufacturing sector.

"We also hope Japanese investment will engage in greenfield infrastructure projects as well," he said.He said that during the last three years, India has received cumulative Foreign Direct Investment worth over USD 100 billion.



"We have seen a slow down in the recent months but I see that as temporary," the Prime Minister said. Singh said most of India's investment is financed by domestic savings which has increased to 35 per cent of GDP."I am confident that in the couple of years, it will rise to 40 per cent of GDP," he said, but added that India's domestic savings will have to be supplemented by foreign capital so that total domestic investment can be higher. Reaching out to the business community of Japan, he said "today, more than ever before, India's buoyant economy, young population and large market combine well with Japan's technological prowess, manufacturing skills and financial resources to create a win-win situation."


"I strongly believe that we can and we must synergise our complementary strengths to impart momentum to Asian as well as global economic growth and prosperity," he emphasised. He noted that India-Japan trade and investment had witnessed steady expansion in the recent years with the commerce making a "robust rebound" in 2010 and was expected to exceed USD 20 billion by 2012. "However, it is still at a low threshold, apart from being unbalanced, he said.


India, Japan to speed up negotiations to conclude N-deal, IBN Live News
 

Japan since only country who faced demolition from Nukes is very sensitive on this matter.......we Already have signed Nuclear deals with so many countries....so no big deal....

Btw deal is still not Off.......negotiations are on.....
 

The Hindu : Front Page : India, Japan to expand strategic relations
India, Japan to expand strategic relations

TOKYO: India and Japan on Monday decided to extend their cooperation to areas such as joint ventures in rare earth minerals, some hitherto unexplored areas in defence, and transport and industrial corridors in south India.

These will build on a recently finalised economic pact, more intimate security ties, two mega infrastructure projects in north-western India and ongoing talks on a nuclear agreement.

Prime Minister Manmohan Singh and his Japanese counterpart Naoto Kan, during restricted and delegation-level talks, resolved to continue talks on a civil nuclear agreement. They instructed officials to ensure the smooth implementation of the Comprehensive Economic Partnership Agreement (CEPA) and accelerate discussions on the reform of the United Nations Security Council (UNSC), to which both countries are aspirants as permanent members.

“In the discussions, the point consistently emphasised was that both India and Japan believe they need to develop a strong, vigorous and an all-encompassing relationship in political, economic and security spheres,” Foreign Secretary Nirupama Rao told newspersons after the meeting. She termed the economic pact an alliance between Japanese technology and capital and a young Indian labour force.

Dr. Singh and Mr. Naoto Kan also discussed China.

“Both discussed need for open and transparent dialogue with China…they agreed that engaging China in more productive dialogue and developing structures of cooperation is the way forward. It requires deep analysis, close engagement and lots of patience…the reality is that both will have to develop in-depth ties with China,” Ms. Rao said.

Both sides would move towards long-term cooperation — including the implementation of joint ventures in rare earth minerals — and denied that this was directed against a third country (China recently halted export of rare earth minerals to Japan).

On civil nuclear cooperation, India and Japan will hold the third round of talks here in November third week. While Japan is keen on some sort of Indian political commitment on moving closer to the Comprehensive Test Ban Treaty regime, India has pointed out that its civil nuclear agreement with Japan cannot be materially different from agreements signed with other countries.

They also touched on trade in high technology, with Dr. Singh hoping that Japan will make its norms in this area “easier and predictable.” India appreciated Japan's paring down of the list of Indian companies on the export control list early this year.

The two countries also signed a Memorandum of Understanding on simplifying visa procedures that would supplement the CEPA by catering to India's areas of strength in pharmaceuticals, healthcare personnel and information technology.
 
Haha.. So many replies to OP's hand shakes.. lol .. He thought it to be a good day for him but it turn out not to be as good a day as he expected.:rofl:
 
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