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Japan, India to ink controversial nuclear deal this week: reports

01:29 PM | 6 Nov, 2016
Japan, India to ink controversial nuclear deal this week: reports
TOKYO - Japan and India are set to sign a controversial civil nuclear deal this week, reports said Sunday, as the two Asian allies look to boost economic and security ties to counter an assertive China.

India´s Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe are set to sign a deal Friday that would allow Japan to export nuclear technology to the subcontinent, the Yomiuri Shimbun paper reported.

India would become the first non-signatory to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) to agree such a nuclear deal with Japan -- which was the victim of US atomic bombings in the final days of World War II.

The two countries are also set to agree that if India conducts a nuclear test, Japan will stop cooperation, the Yomiuri reported.

The expected deal comes against a backdrop of growing security concerns in the region over China´s military presence.

Beijing is expanding its deep-water naval presence and asserts sovereignty over disputed areas of the East and the South China Sea and Indian Ocean region, parts of which Japan also claims.

India has a longstanding territorial dispute with China, and troops from the two countries engaged in a major stand-off at the border in 2014.

Tokyo has its own spat with Beijing over islands in the East China Sea and is increasingly vocal about its rival´s ambitions to control almost the whole of the South China Sea.

Japan has in the past shunned civil nuclear cooperation with India, citing concerns over the international Non-Proliferation Treaty, but appears to have softened its stance.

The business daily Nikkei confirmed the expected nuclear deal, adding that a batch of business-linked deals are also set to be signed.

Modi visited Japan in August 2014 on his first bilateral trip outside South Asia, months after coming to power.

Subsequently, Abe paid a two-day visit to India last December.

Modi will arrive in Japan Thursday for a three-day visit after the two men in September held talks on the sidelines of a Southeast Asia meeting in Laos.-APP

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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