Japan to invest in India, offers bullet train technology

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Tokyo, Sept 1: Japanese Prime Minister Shinzo Abe on Monday promised public and private investment worth 3.5 trillion yen in India over the next five years under the India-Japan Investment Promotion Partnership.

[Read the full text of the India-Japan declaration here]

[Read: PM deplores 'expansionist' tendency of some countries]

The Japanese prime minister also offered his country's bullet train technology to India with financial and operational support for which his Indian counterpart thanked him.

Tokyo also promised to remove six of India's space and defence-related entities from its Foreign End Use List.

The two prime ministers vowed to realise the full potential of the India-Japan Strategic and Global Partnership for continuing progress and prosperity for their people and for giving peace, stability and prosperity in Asia and the world.

PM Abe also thanked Modi for the latter's choosing Japan as his first destination for a bilateral visit outside the subcontinent. PM Modi, on his part, said the decision reflected Japan's importance in India's foreign policy and economic development.

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