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Japan to help build smart cities in India

Tokyo will help India in providing financial and technical support to introduce Bullet trains

Tokyo: Prime Minister Narendra Modi and Japaneses counterpart Shinzo Abe have agreed to enhance their defence and strategic cooperation. However despite striking a good chemistry, the two have not been able to finalise on the civil nuclear deal.

The two countries decided to elevate their ties to a Special Strategic Global Partnership.

The $35 billion of investment from Japan to India including Official Development Assistance during a five-year period will be under the aegis of the India Japan Investment Promotion Partnership for development of projects including infrastructure and building smart cities.

The Japanese Prime MInister also announced that as an example of India, Japan cooperation, Tokyo will help India in providing financial, technical and operational support to introduce Bullet trains, a project that Prime Minister Mr Modi has been actively pursuing.

( Source : PTI )
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