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India and Japan planning a deal on rare earths

Japan, India to jointly develop rare earths, The Yomiuri Shimbun, 31 Oct 11 Japan and India agreed Saturday to promote at the private level joint development of rare earths, which are indispensable for automobiles and information technology products.

Foreign Minister Koichiro Gemba and Indian Foreign Minister Shri S.M. Krishna also agreed to step up negotiations toward conclusion of an India-Japan nuclear agreement during a meeting at the Foreign Ministry’s Iikura Guest House in Minato Ward, Tokyo, according to officials.

In addition, they agreed to enhance cooperation in security policies by carrying out joint exercises by the Maritime Self-Defense Force and Indian Navy and in other ways, they said.

The exercises are likely to focus on ensuring the safety of sea-lanes in the Indian Ocean, observers said…..   India, which has nuclear weapons but does not participate in the Nuclear Nonproliferation Treaty, is cautious about Japan’s stance in promoting nuclear arms reduction and nonproliferation through conclusion of a bilateral nuclear pact.

Japan wants to hold negotiations with India on the export of nuclear technologies and nuclear-related equipment, but it may be some time before an agreement is reached, the observers said… http://www.yomiuri.co.jp/dy/national/T111029002574.htm

October 31, 2011 - Posted by | India, Japan, politics international, Uranium

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