India-Japan inks strategic agreements

Last Updated: Fri, Nov 16, 2012 23:04 hrs

India and Japan on Friday signed two strategic agreements in Tokyo to enhance and strengthen the India-Japan strategic and global partnership.

An agreement over Indo-Japan Social Security was signed by the Ambassador of India to Japan Deepa Gopalan Wadhwa and Japan Foreign Minister Koichiro Gemba.

A memorandum between the Department of Atomic Energy of India and the Ministry of Economy, Trade and Industry of Japan was also signed on cooperation in the rare earths industry in India.

The second deal was signed by Wadhwa and Japan Vice Minister for International Affairs, Ministry of Economy, Trade and Industry Nobuhiko Sasaki.

According to the agreement, Japan can now import rare earth minerals from India, which will reduce its dependence on China for materials to produce hi tech products.

On the other hand, the Social Security agreement will provide security to the Indians working in Japan and vice-versa.

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