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Saturday, March 13, 2010

India, Russia Sign 19 Pacts, Including Nuclear

by Sunil Sonkar

By SUNIL Sonkar

New Delhi, March 12 — India and Russia signed three civil nuclear field and other 16 pacts giving a fillip to their ties on Friday. The pact also included purchase of 29 MiG-29 fighters and also inking the revised agreement on Gorshkov aircraft carrier. This deal was stuck for 3 years over price.
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Twelve atomic plants will be build by Russia under the agreements in civil nuclear field. Out of 12, six will be build in Kudankulam and the rest six in Haripur, West Bengal.

The agreements between India and Russia were signed during the day-long visit of Vladimir Putin, the Russian Prime Minister. Putin held comprehensive talks with counterpart Prime Minister Manmohan Singh aiming exploring of opportunities for further boost in the relationships of the two countries.

Both the Prime Ministers also discussed regional issues such as of Afghanistan and Pakistan in the context of terrorism.

MoU between NPCIL and Atomstroy Export was also signed on Nuclear Power for the construction of 3rd and 4th atomic plant in Kudankulum, Tamil Nadu.

During the visit of Putin, the revised agreement on Gorshkov aircraft carrier was also signed. Initially the deal was signed in 2004 at the cost of $1.5 billion. Later on the Russians demanded $2.9 billion.

However, the two have settled at $2.34 billion.

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