Japan and India have agreed to strengthen strategic ties as Asia's second and third biggest economies keep a wary eye on a rising China. Here are 10 things to know about India-Japan business partnership:

1. Japan to give 3.5 trillion yen (over USD 33.58 billion) to India over five years to finance projects including infrastructure and building of smart cities

2. Setting up of a Special Management Team under PMO to facilitate business from Japan

3. Inking of a partnership agreement between Varanasi, one of the oldest continuously inhabited cities in the world, and Kyoto, which was the capital of Japan for over 1,000 years and a confluence of heritage and modernity

4. Japan expresses readiness to provide financial, technical and operational support to introduce bullet trains in India

5. Modi and Abe direct officials to accelerate negotiations on a civil nuclear deal. The deal which will facilitate supply of Japan's nuclear technology to India

6. Strengthening defence ties and accelerating discussions that will facilitate sale of US-2 amphibian aircraft to India by Japan

7. India set to ink an agreement for supply of rare earth metals, key elements in defence industry components and modern technology, to Japan

8. Japan's cooperation to fight the deadly sickle cell anemia commonly found among tribals in India

9. Proposal to formalize a 'two plus two' format for dialogue bringing together the foreign and defence ministers of both countries.

10. Modi underlines the need for closer and deeper cooperation between Japan and India to champion the cause of global "vikas vaad (development) instead of vistar vaad (expansionism)"

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