DTN News: Russia And India To Ink Atomic Deal
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Source: DTN News / Russian News
(NSI News Source Info) NEW DELHI, India - February 16, 2010: Moscow and New Delhi will sign an agreement next month on civilian nuclear power cooperation, said Russian
Deputy Prime Minister Sergey Sobyanin, who is on official visit to India.
“Currently, we are working on an agreement between our states on cooperation in the field of the peaceful use of atomic energy. The agreement has already been initialed and I am sure it will be signed during Vladimir Putin’s visit to India," Sobyanin said following his meeting with India’s Premier Manmohan Singh, as quoted by RIA Novosti.
The document is "a basic agreement which will make it possible to intensify cooperation in this perspective sphere."
Also, according to Sobyanin, Russia's participation in the construction of two units of the Kudankulam nuclear power plant in southern India “is practically confirmed". The atomic station is being built to a Russian design and using Russian technology.
According to the Russian official, the development of atomic energy is one of top priorities for India, and Russia “is ready to give it assistance in this".
However, it is not the energy sector only that the two states are going to cooperate in. Military technology, telecommunications, hi-tech and pharmaceuticals are also in the spotlight.
"The Russian-Indian partnership is developing actively," Sobyanin said. "The continuous high-level contacts and the common wish for mutually beneficial cooperation, which has developed into a series of projects, add a new quality to Russia-India relations," he said. "In this light, even the ambitious goal of bringing bilateral trade to $20 billion in 2015 looks attainable."
Sobyanin is a co-chairman of the Russian-Indian inter-governmental commission for trade, economic, scientific-technological and cultural cooperation. One of the main points of his three-day trip is the preparation for the Russian prime minister's visit to the republic, which is scheduled for mid-March.
The Russian vice premier also took part in the opening of the DefExpo-2010, the land and naval systems exhibition held biannually in Delhi. Believed to be the largest-ever defense fair in South Asia, the event has gathered some 650 companies and delegations from more than 40 countries.
The four-day event has sparked unprecedented interest, with India’s recent announcement that it is ready to spend $50 billion over the next five years on equipping its military.
Amur 1650 Armament giants flocked to the republic keen to cash in on India’s spending spree, with fighter jets and armored tanks at the top of the wish-list.
Speaking at the opening ceremony, Indian Defense Minister A.K. Antony said that the biggest challenge facing the world today is the security threats arising out of rapidly advancing technology. This, according to him, has added a new dimension to the overall security environment.
“We have to be on guard. So we have to strengthen our armed forces to act as a deterrent. That is our policy. That is why we are modernizing all their equipment,” Antony said as quoted by The Hindu. The official noted that India is not a “war-mongering” country and has “not invaded even an inch of soil of any other country ever” but added that “we will defend every inch of our territory.”
Russia is traditionally India's top defense supplier – with deals estimated at 1.5 billion dollars annually – but it faces tough competition from the US and Israel. However, Moscow is increasingly moving towards closer cooperation on new weapons systems, including a fifth-generation fighter jet.
Russian companies will be displaying almost 500 items, and are expected to clinch at least one major deal to supply carrier-based MIG-29 planes – worth a total of $1.2 billion
16 Russian enterprises, including Rosoboronexport, “Splav”, the “Almaz-Antei” concern, and “IzhMash”, will showcase their latest achievements at the exhibition.
"The requirements of the Indian market in the sphere of defense industry are huge, they are growing faster than Russia's export capabilities," Viktor Komardin, deputy general director of Rosoboronexport, told Itar-Tass agency. According to Komardin, "a niche, which is occupied by other countries – the United States, Israel, France – is emerging…But Russia remains the leader in this niche."
This, in particular, concerns the field of high-technology. "From the point of view of high-technology, we are the first and most-experienced," Komardin said, adding that Russia and India have been cooperating in the defense industry field since the 1970s.
Source: DTN News / Russian News
(NSI News Source Info) NEW DELHI, India - February 16, 2010: Moscow and New Delhi will sign an agreement next month on civilian nuclear power cooperation, said Russian 
Deputy Prime Minister Sergey Sobyanin, who is on official visit to India.
“Currently, we are working on an agreement between our states on cooperation in the field of the peaceful use of atomic energy. The agreement has already been initialed and I am sure it will be signed during Vladimir Putin’s visit to India," Sobyanin said following his meeting with India’s Premier Manmohan Singh, as quoted by RIA Novosti.
The document is "a basic agreement which will make it possible to intensify cooperation in this perspective sphere."
Also, according to Sobyanin, Russia's participation in the construction of two units of the Kudankulam nuclear power plant in southern India “is practically confirmed". The atomic station is being built to a Russian design and using Russian technology.
According to the Russian official, the development of atomic energy is one of top priorities for India, and Russia “is ready to give it assistance in this".
However, it is not the energy sector only that the two states are going to cooperate in. Military technology, telecommunications, hi-tech and pharmaceuticals are also in the spotlight.
"The Russian-Indian partnership is developing actively," Sobyanin said. "The continuous high-level contacts and the common wish for mutually beneficial cooperation, which has developed into a series of projects, add a new quality to Russia-India relations," he said. "In this light, even the ambitious goal of bringing bilateral trade to $20 billion in 2015 looks attainable."
Sobyanin is a co-chairman of the Russian-Indian inter-governmental commission for trade, economic, scientific-technological and cultural cooperation. One of the main points of his three-day trip is the preparation for the Russian prime minister's visit to the republic, which is scheduled for mid-March.
The Russian vice premier also took part in the opening of the DefExpo-2010, the land and naval systems exhibition held biannually in Delhi. Believed to be the largest-ever defense fair in South Asia, the event has gathered some 650 companies and delegations from more than 40 countries.
The four-day event has sparked unprecedented interest, with India’s recent announcement that it is ready to spend $50 billion over the next five years on equipping its military.
Amur 1650 Armament giants flocked to the republic keen to cash in on India’s spending spree, with fighter jets and armored tanks at the top of the wish-list.
Speaking at the opening ceremony, Indian Defense Minister A.K. Antony said that the biggest challenge facing the world today is the security threats arising out of rapidly advancing technology. This, according to him, has added a new dimension to the overall security environment.
“We have to be on guard. So we have to strengthen our armed forces to act as a deterrent. That is our policy. That is why we are modernizing all their equipment,” Antony said as quoted by The Hindu. The official noted that India is not a “war-mongering” country and has “not invaded even an inch of soil of any other country ever” but added that “we will defend every inch of our territory.”
Russia is traditionally India's top defense supplier – with deals estimated at 1.5 billion dollars annually – but it faces tough competition from the US and Israel. However, Moscow is increasingly moving towards closer cooperation on new weapons systems, including a fifth-generation fighter jet.
Russian companies will be displaying almost 500 items, and are expected to clinch at least one major deal to supply carrier-based MIG-29 planes – worth a total of $1.2 billion
16 Russian enterprises, including Rosoboronexport, “Splav”, the “Almaz-Antei” concern, and “IzhMash”, will showcase their latest achievements at the exhibition.
"The requirements of the Indian market in the sphere of defense industry are huge, they are growing faster than Russia's export capabilities," Viktor Komardin, deputy general director of Rosoboronexport, told Itar-Tass agency. According to Komardin, "a niche, which is occupied by other countries – the United States, Israel, France – is emerging…But Russia remains the leader in this niche."
This, in particular, concerns the field of high-technology. "From the point of view of high-technology, we are the first and most-experienced," Komardin said, adding that Russia and India have been cooperating in the defense industry field since the 1970s.
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