Follow us on:   

India, Japan fail to conclude nuclear deal
September 2, 2014, 7:46 am

Indian Prime Minister Narendra Modi (left) with his Japanese counterpart Shinzo Abe at a traditional tea ceremony in Tokyo, Japan on August 2014 [Image: PMO, India]

Indian Prime Minister Narendra Modi (left) with his Japanese counterpart Shinzo Abe at a traditional tea ceremony in Tokyo, Japan on 1 September 2014 [Image: PMO, India]

India and Japan have failed to conclude a much-anticipated civilian nuclear deal.

The negotiations hit a wall with a clause stating that India would not test again and would allow more inspections of its nuclear facilities to ensure that fuel was not being diverted to make bombs.

Indian Prime Minister Narendra Modi was expected to a sign a massive $90 billion nuclear trade pact to allow Japanese nuclear power companies to build  plants in India, a deal that is stalled once again after years of failed negotiations.

Over the next two decades India and China are set to bring 35 nuclear reactors online.

Energy-hungry India is not a signatory to the Nuclear Non-Proliferation Treaty although earlier this year  New Delhi said it was ratifying an agreement with the International Atomic Energy Agency (IAEA) to expand oversight of its civilian nuclear programme.

However, Japan promised $35 billion in investment and financing for Indian infrastructure for the next five years.

The findings of an annual survey released by the Stockholm International Peace Research Institute (Sipri) earlier this year said India is developing new systems capable of delivering nuclear weapons and expanding capacities to produce fissile material for military purposes.

India had 90-110 nuclear warheads in 2014, according to Sipri.

Meanwhile, ahead of Australian Prime Minister Tony Abbott’s visit to India that begins on Thursday, the Australian government announced it is satisfied with the safeguards India has in place to allow the export of uranium to the nuclear-armed nation.

 

TBP