New Delhi, Tokyo sign 15 pacts

Millennium Post - - BUSINESS -

and to work­ing with part­ners to tackle ex­cess ca­pac­ity in steel.

In this re­gard, they called for the re­moval of mar­ket­dis­tort­ing sub­si­dies and other types of sup­port by gov­ern­ments and re­lated en­ti­ties.

"They also reaf­firmed their com­mit­ment to de­vel­op­ing con­crete pol­icy so­lu­tions at the Global Fo­rum on Steel Ex­cess Ca­pac­ity by Novem­ber 2017," the state­ment said.

They wel­comed the progress made in the bi­lat­eral IT and IOT co­op­er­a­tion through the bi­lat­eral Joint Work­ing Group on IT and Elec­tron­ics, in par­tic­u­lar by the sign­ing of the Me­moran­dum of Un­der­stand­ing (MOU) be­tween the NASSCOM and IOT Ac­cel­er­a­tion Con­sor­tium (ITAC) of Ja­pan.

The two lead­ers also wel­comed the open­ing of the first lithium-ion bat­tery fac­tory in In­dia by a joint ven­ture of three Ja­panese com­pa­nies Suzuki, Toshiba and Denso as well as a new au­to­mo­tive fac­tory this year. It was also de­cided to fur­ther pro­mote pub­lic and pri­vate sec­tor col­lab­o­ra­tion to make en­vi­ron­men­tally friendly and en­ergy ef­fi­cient tech­nolo­gies ac­ces­si­ble and af­ford­able to the gen­eral pub­lic.

They un­der­lined the im­por­tance of sup­port mea­sures to pro­mote eco-friendly ve­hi­cles in­clud­ing in terms of 'Make in In­dia' and trans­fer of tech­nol­ogy.

Modi up­dated Abe about his gov­ern­ment's ef­forts for the coun­try's eco­nomic and so­cial de­vel­op­ment.

Prime Min­is­ter Abe re­it­er­ated Ja­pan's strong sup­port for the ini­tia­tives such as 'Make in In­dia', 'Dig­i­tal In­dia', and 'Skill In­dia'. GANDHINAGAR: In­dia and Ja­pan on Thurs­day signed 15 agree­ments, in­clud­ing one to give a fil­lip to In­dia's Act East pol­icy by en­hanc­ing con­nec­tiv­ity and de­vel­op­men­tal projects in In­dia's northeast.

An agree­ment was signed be­tween the Union Home Min­istry and the Ja­panese gov­ern­ment for co­op­er­a­tion and col­lab­o­ra­tion in the field of dis­as­ter risk man­age­ment and to share ex­pe­ri­ences, knowl­edge and poli­cies on dis­as­ter pre­ven­tion. In the field of skills de­vel­op­ment, an agree­ment was signed to strengthen bi­lat­eral re­la­tions and co­op­er­a­tion in the field of Ja­panese lan­guage ed­u­ca­tion in In­dia.

An agree­ment was signed for an In­dia Ja­pan Act East Fo­rum to en­hance con­nec­tiv­ity and pro­mote de­vel­op­men­tal projects in the north­east­ern re­gion of In­dia in an ef­fi­cient and ef­fec­tive man­ner. An­other agree­ment was signed be­tween the Depart­ment of In­dus­trial Pol­icy and Pro­mo­tion and Ja­pan's Min­istry of Econ­omy, Trade and In­dus­try to ac­cel­er­ate and fa­cil­i­tate Ja­panese in­vest­ments in In­dia. In­dia Post and Ja­pan Post inked an agree­ment to im­ple­ment the com­mer­cial ar­range­ment of "Cool EMS" ser­vice through which fresh food can be sent from Ja­pan to In­dia in cool boxes for Ja­panese ex­pa­tri­ates in In­dia.

An agree­ment was signed on co­op­er­a­tion in in­fra­struc­ture de­vel­op­ment pro­grammes in the Man­dal Bechraj-kho­raj re­gion of Gu­jarat.

To pro­mote in­sti­tu­tional co­op­er­a­tion be­tween In­dia's Re­search and In­for­ma­tion Sys­tem (RIS) think tank and Ja­pan's In­sti­tute of De­vel­op­ing Economies (IDE-JETRO) and a me­moran­dum of un­der­stand­ing (MOU) was signed to strengthen the ca­pac­ity of re­search and ef­fec­tive­ness of dis­sem­i­na­tion of re­search find­ings.

PIC/PTI

Prime Min­is­ter Naren­dra Modi and his Ja­panese coun­ter­part Shinzo Abe sign agree­ment doc­u­ments dur­ing the In­dia-ja­pan An­nual Summit in Gandhinagar, Gu­jarat, on Thurs­day

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