Japan,Turkey in nuclear power talks

2013-10-28 15:05
Japan's Prime Minister Shinzo Abe. (File, AP)

Japan's Prime Minister Shinzo Abe. (File, AP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Tokyo - Japan's Prime Minister is headed to Turkey on Monday to cement nuclear contracts and push the export of more reactors, as the industry tries to emerge from the shadow of the Fukushima atomic crisis.

Shinzo Abe left Tokyo bound for Istanbul, his second visit since coming to power less than a year ago, where he was expected to meet his counterpart Recep Tayyip Erdogan for discussions on Turkish atomic reactor orders.

The trip came as the head of global investment giant Blackstone gave the thumbs up to "Abenomics", the latest evidence that Abe is winning over the global business community with an economic policy blitz aimed at getting Japan Inc. moving again.

Mutual trust

Turkey is "an extremely important country", Abe told reporters at Haneda airport in Tokyo, Kyodo News reported. "I would like to solidify the relationship of mutual trust between the leaders."

During Abe's previous visit a Japanese-French consortium won a $22bn deal to build Turkey's second nuclear plant on the Black Sea coast, a milestone for the Japanese nuclear industry as it tries to get back on its feet after the 2011 Fukushima crisis.

He and Erdogan also penned an agreement that allows Japanese manufacturers to build nuclear power plants in Turkey.

Abe has travelled the globe since coming to power in December last year selling Japan's infrastructure as part of his bid to dramatically hike exports and light a fire under the country's long-slumbering economy.

His drive comes even as all nuclear reactors at home remain offline amid continuing nervousness about atomic power in post-Fukushima Japan.

John Studzinski, senior managing director and global head of Blackstone Advisory Partners, told journalists in Tokyo that despite the catastrophe on the Pacific coast, Japanese engineering remained well-respected.

Strong leader

And he said Abe's role as a travelling salesman in chief was giving investors confidence in Japan again.

"When you listen to him talk, listen too many of his interviews, many of his speeches he is very good at explaining how he thinks," he said.

"As a result, to other leaders around the world, there is a strong leader, people respect that."

The endorsement from Blackstone, which manages $220bn of assets, is a further feather in Abe's cap as he works to turn around perceptions about Japan's sluggish economy.

"I think... Abe has really reinstalled in this country a sense of passion for investment, a sense of confidence and conviction, we see much more robust confidence in Japanese companies particularly trading companies investing in North America, and also investing in other parts of the world, particularly in Europe," Studzinski said.

Japan's 3.8% annualised growth in the first half of the year is far outpacing other G7 nations as Tokyo's efforts have helped stoke a 38% rally in the Nikkei stock index.

Read more on:    recep tayyip erdogan  |  shinzo abe  |  turkey  |  japan  |  nuclear
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Motoring
 

Hottie of the day: Nicole Meyer!

Nicole is the cover girl for the 2014 edition of SA Swimsuit! Check out some smoking hot pics of here here.

 
 

Men24.com

11 things men don’t know about their clothes
Hilarious mortal kombat elevator prank!
This is how the Top Gear presenters spend their £55 million!
Thirty and still single? There’s hope!

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Save up to 60% on toys!

Don’t miss out on this hot offer, save up to 60% on toys. While stocks last. Shop now!

Festive gifts!

Check out our awesome range of festive gifts to make everyone’s wishes come true. Shop now!

Seen something you like in our catalogue?

Find the perfect gift and save up to R5000 – As seen on the catalogue. Hurry and shop now!

Save up to R2200 on electronics! – As seen in the catalogue

Wishing for tech gadgets this festive? Save up to R2100 on hot tech products at kalahari.com. While stocks last. Shop now!

Up to 35% off books

Save up to 35% on the latest page-turners. While stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

It may be hard to stay cool, calm and collected. Your emotions can get quite heated in the moment. You may benefit from finding a...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.