Shinzo Abe Current Affairs - 2019

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Sister City Partnership: LoI shared between Ahmedabad and Kobe

A Letter of Intent (LoI) was exchanged between Ahmedabad and Japanese city of Kobe for a sister city partnership. The LoI was exchanged in presence of Indian Prime Minister Narendra Modi, who visited Kobe to address a large Indian diaspora event. Key Highlights Authorities from Japanese city of Kobe exchanged Letter of Intent (LoI) with Read More…

Month:  Categories: InternationalPlaces in News

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Cabinet approves Currency Swap Agreement with Japan

The Union Cabinet has approved India’s Currency Swap Agreement with Japan. The $75-billion bilateral currency swap arrangement is a milestone in mutual economic cooperation and special strategic and global partnership between two countries. Currency Swap Agreements A Currency swap agreement is a foreign exchange agreement between two parties to exchange a given amount of one currency for Read More…

Month:  Categories: Business, Economy & Banking

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Japan adopts economic plan to allow more foreign workers

Japan’s Cabinet has adopted an economic plan that will allow more foreign workers to work in the country. This proposal will help rapidly aging country to make up for its declining workforce. In recent times, number of foreign workers in Japan has nearly doubled to 1.28 million. Key Facts Under the plan, Japan will relax Read More…

Month:  Categories: International

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PM Narendra Modi, Japanese PM Shinzo Abe lay foundation stone for bullet train

Foundation stone of India’s first high-speed rail project (bullet train) project was jointly laid by Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe at Sabarmati Station ground in Ahmedabad. The 508km-long Mumbai to Ahmedabad High Speed Rail (MAHSR) Project will be built at cost of Rs 1.10 lakh crore. It is expected to Read More…

Month:  Categories: Governance & Politics

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Japan approves biggest defence budget

Prime Minister Shinzo Abe’s cabinet approved approved 5.13 trillion yen ($43.6 billion) in defence spending for the fiscal year starting in April 2017. It is Japan’s highest annual defence budget announced so far. It is up by 1.4% from the initial budget for the current fiscal year. Now it will be sent to Parliament (Diet) Read More…

Month:  Categories: Defence & SecurityInternational

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India and Japan Sign Civil Nuclear Cooperation Agreement

After years of negotiations, India and Japan have signed a bilateral Civil Nuclear Cooperation Agreement on 11 November, 2016. With this, India has become the first non-NPT country with which Japan has signed a Civil Nuclear Agreement. The civil nuclear agreement between the two countries was not realized so gar manly because India did not Read More…

Month:  Categories: International

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India and Japan ink 14 agreements in various fields

India and Japan have inked fourteen agreements in various fields to enhance bilateral co-operation between both countries. These agreements were signed during ninth annual Indo-Japan summit talks held in New Delhi. The summit was jointly held by Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe. Some important agreements signed are Agreement in transfer Read More…

Month:  Categories: Governance & Politics

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