labels: economy - general
India, Russia to sign spate of agreements during Putin''s visit news
23 January 2007

Moscow: India and Russia may sign around 10 agreements during the visit of Russian president, Vladimir Putin to New Delhi visit this week.

These will include one agreement on joint production of a multi-role transport aircraft and fifth generation fighter jets. (See: Ivanov starts India visit: gunning for deal on 5th Gen fighter and MRTA)

Russia will build four more additional nuclear power units at Kudankulam nuclear power plant in Tamil Nadu under the joint Indo-Russian political declaration, a joint statement on continuation of civilian nuclear cooperation after the lifting of curbs by Nuclear Suppliers Group.

Bilateral agreement on the joint use and development of Russian GLONASS space based global navigational system, accord on launching the YouthSat university satellite are among the documents expected to be signed during the summit or on the sidelines.

India and Russia are also expected sign an agreement to boost defence cooperation, including the joint development and production of a multi-role transport aircr aft (MTA) and fifth generation fighter jet.


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India, Russia to sign spate of agreements during Putin''s visit