Source: PressTV
http://www.presstv.ir/detail.aspx?id=120681§ionid=351020402
Russia plans to build 16 nuclear reactors in India as part of a bid to increase bilateral trade up to three-folds.
Russia and India hope to generate a 20-billion-dollar trade turnover over the next five years. Russian Prime Minister Vladimir Putin, who arrived in New Delhi along with a high-ranking delegation on March 12, is to sign more than a dozen multi-billion-dollar arms and energy deals.
Russia supplies 70 percent of India's military hardware. Putin has urged commercial ties to move beyond the limited scope of defense.
He has also acknowledged the growing competition to sell nuclear energy to India.
New Delhi has, in recent years, looked to Israel and the United States for military equipment and nuclear technology. In 2008 the US sealed a landmark nuclear deal with India.
The agreement allowed India access to nuclear technology despite its refusal to sign the Non-Proliferation Treaty.
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2010 Mar 12
Putin visits India to sign defense, nuclear deals
Source: PressTV
http://www.presstv.ir/detail.aspx?id=120652§ionid=351020402
Russian Prime Minister Vladimir Putin has arrived in India for multibillion dollar defense and nuclear cooperation deals.
Putin, who arrived in New Delhi along with a high-ranking delegation on March 12, is scheduled to meet with his Indian counterpart Manmohan Singh.
Indian officials say the total value of around 15 documents that are to be signed between the two leaders will exceed 10 billion dollars.
"During the visit, both sides will review the entire range of bilateral ties and exchange views on how to nurture and further expand our strategic partnership," Indian Foreign Ministry Spokesman Vishnu Prakash said.
Russia is expected to upgrade Admiral Gorshkov (INS Vikramaditya) aircraft carrier for India and deliver MiG-29K/KUB carrier-based fighters to its south Asian partner.
Further agreements will include a fifth generation fighter aircraft project and work on a multi-role transport aircraft, RIA Novosti reported.
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