India, Japan Signed Pacts On Bullet Train

India, Japan Signed Pacts On Bullet Train

NEW DELHI, Mar 21 (NNN-PTI) – India and Japan yesterday, exchanged notes of another tranche of 300 billion Japanese Yen (around 2.20 billion U.S. dollars) for the Mumbai-Ahmedabad High Speed Rail, funded by the Japanese government.

This would be the fourth tranche of the loan agreement between the two countries, and will be provided by the Japan International Cooperation Agreement.

The two sides also signed a memorandum of cooperation, in the field of Japanese language education, in the presence of visiting Japanese Prime Minister, Fumio Kishida, and his Indian counterpart, Narendra Modi.

The Japanese prime minister arrived here yesterday, for a two-day official visit, and invited Modi for the G7 Summit, to be held in Hiroshima, Japan, in May.

Modi also invited his Japanese counterpart for the G20 Summit, to be held in New Delhi in Sept.– NNN-PTI  

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