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Japn’s PM Abe keen to sell nuclear technology to India

Abe,-Shinzo-nuke-1Japan eyes nuclear deal with India October 5, 2015  Clearing the way for exports Nikkei Asian Review, 
TOKYO –– Japanese Prime Minister Shinzo Abe is expected to visit India around the end of this year to sign an atomic energy agreement with counterpart Narendra Modi, laying the groundwork for exports by Japanese corporations in that field.

Abe is considering a trip around December or January. A framework for preventing military use of nuclear materials and atomic power technologies is a prerequisite for Japanese companies to export related technologies to India.

  India holds nuclear weapons but is not a signatory of the Nuclear Nonproliferation Treaty (NPT), so a focal point of negotiations between Japan and India was how to prevent the spread of nuclear technologies. The two sides are expected to agree on tight management of nuclear technologies on a par with the NPT.

Another obstacle to an agreement had been Indian laws that hold nuclear plant manufacturers partly liable in the event of nuclear accidents. In January, the U.S. and India agreed that an insurance framework created by India would cover damages related to accidents. Japan and India are seen reaching an agreement with conditions similar to the deal that Washington signed for such matters as the management of nuclear technologies and liability for damages………http://asia.nikkei.com/Politics-Economy/International-Relations/Japan-eyes-nuclear-deal-with-India

October 5, 2015 - Posted by | Japan, marketing

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