Defense News: Russia and Japan eye economic pact with amid stalemate on territory
Russia and Japan aren’t likely to resolve a long-running territorial dispute, but they hope to announce an economic cooperation agreement after their leaders finish talks in Tokyo on Friday. The two countries have been negotiating the agreement since Japanese Prime Minister Shinzo Abe proposed it as part of a “comprehensive approach” to improving bilateral ties at a meeting with Russian President Vladimir Putin in Sochi, Russia in May. The two leaders are wrapping up a two-day summit that began on Thursday evening at a hot spri…
India will soon buy Amphibious rescue aircraft from Japan For $1.5 Billion
TOKYO / DELHI: India has agreed to purchase 12 amphibious rescue aircraft from Japanese manufacturer ShinMaywa Industries worth $1.5 billion-$1.6 billion, a Japanese daily reported on Sunday. Japan and India have been holding talks on the purchase for more than two years. It would one of Japan's first sales of military equipment since Prime Minister Shinzo Abe lifted a 50-year ban on arms exports and it reflects growing defence ties between the two countries. The Defence Ministry will approve the purchase of 12 US-2 airc…
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