A nuclear agreement between India and Japan may be still some distance away, but a high technology relationship between the two Asian countries is taking off steadily. Japan, which used to refuse to do business with Indian entities in the strategic nuclear sector, is getting ready to open up to them.
In its latest decision that could have a significant impact on Indias hi-tech sector, Japan has taken seven Indian entities off its Foreign End Users List, which was issued by Japans METI on Thursday. Now, these entities can have transactions with Japanese companies on nuclear, dual-use and military technology and equipment.
Read the rest of the story: Japan opens up to N-business with India.