The strategic pacts were inked after the summit between Prime Minister Narendra Modi and his Japanese counterpart Shinzo Abe during which they also discussed international and regional issues of mutual importance including UN security reforms.    

Addressing a joint press meet with Abe, Pm Modi said, "No friend will matter more in realising India's economic dreams than Japan" while describing Abe as 'a personal friend and a great champion of India-Japan partnership'.

Referring to the pacts signed, PM Modi cited, "No less historic is the decision to introduce High Speed Rail on Mumbai-Ahmedabad sector through Shinkansen known for speed, reliability, safety, noting that Abe's extraordinary package of approximately USD 12 billion and technical assistance, on very easy terms, for this project was greatly appreciated."
"The memorandum we signed on civil nuclear energy cooperation is more than just an agreement for commerce and clean energy. It is a shining symbol of a new level of mutual confidence and strategic partnership in the cause of a peaceful and secure world", the Prime Minister added.

In pics: Top 10 fastest bullet trains in world

The bullet train network will link the India's financial hub Mumbai with Ahmedabad, the capital of PM Modi's home state, Gujarat. Bullet train between the two cities will cut travel time on the 505 kilometre route from eight hours to around three. The approx. cost of the project is estimated to be around Rs 98,000 crore.
The two sides also inked agreements - one concerning the Transfer of Defence Equipment and Technology and another related to Security Measures for Protection of Classified Military Information.

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