The Union Cabinet, chaired by the Prime Minister, Narendra Modi has given its approval for signing a memorandum of cooperation (MoC) between India and Japan on bilateral cooperation in the field of information and communication technologies (ICTs), the Ministry of Communication said in a release on Thursday.
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Joint LNG procurement
India and Japan, two biggest buyers of liquefied natural gas (LNG), will in next three months look at buying the fuel jointly so as to hammer down high prices. The two nations had in October last year agreed to carry out a joint study to examine ways to mitigate increasing import costs in Asia as well as to maintain stable supplies of LNG to the region.