Monday, December 20, 2010

Russian President Medvedev in India, deals worth billions to be signed-December 21, 2010

Russian President Medvedev in India, deals worth billions to be signed

NDTV Correspondent, Updated: December 21, 2010 08:04 IST




New Delhi: Russian President Dimitry Medvedev arrived in India earlier today. He will meet Prime Minister Manmohan Singh in Delhi today where deals worth billions of dollars are expected in civil nuclear energy and defence.

Like US and France, Moscow has also expressed concerns with the nuclear liability law which also holds suppliers responsible for an accident.

The Russians are currently building two reactors in Tamil Nadu and are expected to sign a general framework agreement for two more nuclear power plants in the state.

The big defence agreement on the table is a deal for the 5th generation stealth fighter aircraft which the two countries are jointly developing. The deal is worth 30 billion dollars.

No comments: