India to get Japan's bullet train, deepens defence and nuclear ties

December 12, 2015 8:43 AM

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NEW DELHI Japan will provide $12 billion of soft loans to build India's first bullet train, the two nations announced during a visit by Japanese Prime Minister Shinzo Abe that also yielded deeper defence ties and a plan for civil nuclear cooperation.

Relations have strengthened between Asia's second and third largest economies as Abe and Indian counterpart Narendra Modi seek to balance China's rise as the dominant Asian power. Both men are nationalists who enjoy a personal friendship.

Also read: Japan's Abe says upcoming North Korea summits could mend ties between North, Japan

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