Putin to sign $10B arms deals with India - F24 100312

http://www.france24.com/en/20100312-putin-india-10-billion-dollars-arms-deals
Last modification: 12/03/2010 - France - India - Vladimir Putin
Putin to sign 10 billion dollar arms deals on Indian visit
Russian Prime Minister Vladimir Putin arrived in India Friday where he is set to sign more than a dozen arms deals worth around 10 billion dollars. Russia supplies 70 percent of India's military hardware.
REUTERS - Russian Prime Minister Vladimir Putin arrived in India Friday where he is slated to sign a series of multibillion-dollar arms deals with Moscow's old Cold War ally.
According to Russian officials, Putin will sign more than a dozen pacts Friday worth around 10 billion dollars, including an accord to resolve the troubled sale of a refitted Soviet-era aircraft carrier, the Admiral Gorshkov.
Other deals include a contract to sell India 29 MiG fighter jets and an agreement to install additional nuclear power units in the southern Indian state of Tamil Nadu.
The sale of the Admiral Gorshkov has been marred by a series of price disputes and delayed deliveries, fuelling concerns in Moscow that India could be tempted to end its dependence on Russian military equipment.
Putin's foreign policy aide Yury Ushakov said the new accord would "suit both sides" and help put the dispute behind them.
"We have an enormous interest in India," he told reporters ahead of Putin's arrival in New Delhi late Thursday.
Russia supplies 70 percent of India's military hardware but in recent years New Delhi has looked to other military suppliers including Israel and the United States.
The strong ties between Moscow and New Delhi date back to the 1950s after the death of Stalin. But India has in recent years also taken care to balance this friendship by fostering closer relations with Washington.
Together with Brazil and China, Russia and India are part of the so-called BRIC grouping of major developing economies seeking to promote a multipolar world economy not dominated by the United States.
At just over 7.5 billion dollars in 2009, trade turnover is minuscule and the two countries aim to increase it to 20 billion dollars by 2015.
According to Indian officials, energy is emerging as a new focus of cooperation between oil and gas rich Russia and energy-starved India which is always on the lookout for new fuel sources to power its growing economy.
Indian foreign ministry official Ajay Bisaria noted that New Delhi had invested 2.8 billion dollars in an oil field on Sakhalin island off Russia's east coast and was in talks with energy firms Rosneft and Gazprom for more blocks in north Russia.

Category:

News & Politics

Tags:

• Russia
• India
• arms
• deals

[prithvie02]

US simple want India as a friend just it want to suppress Pakistan in long run .

so why be friend with someone whos purpose is evil ?

if india become a power full nation it will be able to deal with it own problem .

[Sasukekillsitachi]

this is good news, btw fuck america and their New World Order.

Russia, China, India, Iran, N.Korea are all ready to stop them and their plans for world domination!

[chotuzwazzz]

=====> India <3 Loves <3 Russia <========

[polygamous1]

@yani2dani not quite B4 Putin it was Yeltsin the us banker's puppet on u tube the Pillage of the Russian economy they stole billions n almost did to Russia what they did to the usa Pitty Ron Paul is Not allowed to save the usa from the bankers why else would a country like america be broke?

[mercedes1benz1]

To all kids sorry for my language, however the truth must be known, america= corruption, bastards, drugs, alcolhol, idiots, scammers, fuck america

[yani2dani]

russia before putin = comunism

russia after putin= nazism

[zakaslam1]

NEW DELHI, Sept. 2 (Xinhua) — Indian Army Chief Gen. Deepak Kapoor said on Wednesday that Pakistan was going well beyond deterrence after reports Islamabad had increased its nuclear arsenal and was working to add cruise missiles.

[Hostnationorg]

Well the NWO is very happy with the world they want to control OIL and every resource on this planet everyone is getting ready to stop them Russia, India maybe? china north korea and south japan? too maybe.. but there too big to fail LOL hahahahhaah silly NWO devil is for losers.. lol

[sandeepworldnews]

The story was very very intersting..

Sandeep kumar

journalist(bihar)

tel-09334808180

[nishkov]

Russia will sell oil cheaper to india?