Registration / Login
War and Peace

 Hot news

Russia, NATO end talks on sectoral missile defense - source
Victory Day parade held on Moscows Red Square
Pakistan seeks solace in the Kremlin
Kremlin lacking WTO will
Main page » News » View
Printable version
Russia signs India nuclear deal
12.03.10 23:33 Asia rising
Russia has announced it will build 16 nuclear reactors in India as part of defence and energy deals.

The long-anticipated nuclear agreement came as Russian Prime Minister Vladimir Putin visited India.

He said nuclear co-operation was one of the most important aspects in the partnership between the two countries which have strong trade ties.

Russias state-owned nuclear company earlier said six of the reactors would be built by 2017.

Russia is already building two reactors in the southern Indian state of Tamil Nadu.

"The agreement sees construction of up to 16 nuclear reactors in three locations," Deputy Prime Minister Sergei Ivanov, accompanying Mr Putin, said.

Russia is competing with French and US firms for contracts to build nuclear power plants in Asias third-largest economy which is looking to increase its energy supply to sustain rapid economic growth.

The increased competition began after Indias landmark civilian nuclear deal with the US in 2005 which ended the isolation India had experienced since it tested an atom bomb in 1974.

"This is one of our most important and promising areas of co-operation," Mr Putin said in New Delhi on Friday.

Coal still accounts for more than 50% of Indias energy use - but a substantial expansion of nuclear power reactors is proposed over the next few decades.

Fighter aircraft

Over the next decade alone, the contribution of nuclear energy is expected to rise from just 3% to 6% of Indias total needs.

The two countries have had close links since Soviet times, with India remaining a top buyer of Russian weaponry.

However, the relationship faces new challenges, including competition from the West and the growing economic and military might of China.

As part of the deals signed during Mr Putins visit, Russia will refit an aircraft carrier, supply an additional 29 fighter aircraft to India and jointly develop transport aircraft.

Russian and Indian officials also discussed boosting bilateral trade, which is currently worth $8bn.

 
Ñèñòåìà Orphus: ORPS
Ðóññêèé
Archive
Forum
     .

 Exclusiveread more rss

» The Geopolitical Stakes in Nigeria— Part I: The Curious Role of the IMF
» Why Washington Wants ‘Finito’ with Putin
» Moscows High Stakes Energy Geopolitics
» Libya in Headlines
» Would appear the wind has changed direction
» Getting used to life without food: Wall Street, BP, bio-ethanol and the death of millions
» Creative Destruction: Libya in Washingtons Greater Middle East Project
» Egypts Revolution: Creative Destruction for a Greater Middle East?

 Newsread more rss

» Tinker raiders, soldier, spy
» The blond Norwegian, 32, arrested over holiday island massacre and linked to Oslo car bomb blasts
» Pakistan doesn’t need US military trainers
» Ahmadinejad wants Iran-China trade to reach 100 billion dollars
» US to pursue international approach to cyber defence
» Sudan signs peace accord with Darfur rebels
» Iran determined to improve ties with Europe
» Obama to host Dalai Lama at White House

 Reportsread more rss

» Sex selection: The forgotten story
» Risk-Free And Above The Law: U.S. Globalizes Drone Warfare
» Russia and China challenge NATO
» How Safe is Your Food? GMO, Foodborne Illnesses and Biotechnology
» Chinese pieces to Irans nuclear puzzle
» Gene Sharp - How to Start a Revolution
» US in a state of decline?
» From NAFTA to CETA: Canada-EU Deep Economic Integration

 Commentariesread more rss

» NATO installs Al-CIA-da man in charge of Tripoli and Libya
» AFRICOM Is In Place, The Recolonization Of Africa Commences
» Financial Turbulence Shakes the Eurozone: Facing the Debt Crisis in Europe
» Pakistan seeks solace in the Kremlin
» Turkey and the Middle East: The Reshaping of Regional Relations
» Did Britain try to assassinate Lenin?
» Road to Cairo passes through Brussels
» Eurozone needs more clarity

 Analysisread more rss

» From state debt to state money
» Financial Crimes on Wall Street and the Debt Crisis
» Why Banks Aren’t Lending: The Silent Liquidity Squeeze
» Libya and the decline of the petrodollar system
» Humanitarian Neo-colonialism: Framing Libya and Reframing War
» The perfect (desert) storm
» Gold and fiat currencies
» Coup d’état - The Historical Framework of Globalization

Links

»Asia Times
»Commondreams
»Geopolitics - Geoeconomics
»GlobalResearch
»Information Clearing House
»Iraq-war.ru
»The Truth Seeker
»The writings of Israel Shamir
»WhatReallyHappened.com
 
text version © 2006-2012 Inca Group "War and Peace"