INDIA-SRILANKA-MALDIVES

Putin in Delhi, $10 bn deals signed

Marking the fifth visit of Prime Minister Valdimir Putin to New Delhi, India and Russia Friday March 12 signed several agreements worth over $10 billion covering defence, communications, and civilian nuclear sectors.

The two countries will set upa joint venture to produce Global Navigation Satellite Sysytem (GLONASS) -enabled equipment ( much like the GPS developed by the West). An agreements for construction of two reactors at the Kudankulam nuclear power plant near Chennai is also on the cards.

Prime Minister Vladimir Putin said Russia understood well the concerns of India regarding banned terror outfits operating against it from within Pakistan’s soil.
 
Participating in a video conference with businessmen from Delhi, Mumbai, Kolkata and Bangalore, Putin said: ‘As far as terror groups in Afghanistan and Pakistan are concerned, it is a matter of worry for the entire region and in fact, the whole world’.

He said due to the proximity of India and Russia to Afghanistan border, the situation in the troubled Asian country ‘did impact the security’ of both the two countries. ‘Parts of Afghanistan’s soil continues to be used by terror groups. We understand the concerns of India regarding the activities of banned outfits in Pakistan’.

Noting that Pakistan has taken action against those outfits in the last few months, the Russian leader said: We hope addressing the problem (of terror groups) will be in the best interest of Pakistan. We need to support those efforts," he said.

AGREEMENTS/MOU signed marking Prime Minister Putin’s visit (March 11-12,2010)


Sl No

Name of Agreements/MoU

Russian Signatory

Indian Signatory

1

Agreement Between the two Governments on Cooperation in the use of Atomic Energy for Peaceful Purposes

MR. SERGEY KIRIENKO

Director General, State Corporation "ROSATOM"

DR. SREE KUMAR BANERJEE

Secretary, Department of Atomic Energy

2

Road Map for the Serial Construction of Russian Designed Nuclear Power Plants in the Republic of India

MR.SERGEY KIRIENKO

Director General, State Corporation "ROSATOM"

DR. SREE KUMAR BANERJEE

Secretary, Department of Atomic Energy

3

Memorandum of Understanding between Indian Space Research Organization and Federal Space Agency and JSC "Navigation-Information Systems" of the Russian Federation on their Joint Enterprise for production of Satellite Navigation Equipment and Services for Civilian Users

MR. ANATOLY SHILOV

Deputy Head, Federal Space Agency

DR. K. RADHAKRISHNAN

Chairman, Indian Space Research Organisation

4

Memorandum of Understanding between the two Governments on Cooperation in the Mineral Fertilizers sector

MR. DENIS MANTUROV

Deputy Minister of Industry & Trade

SHRI S. KRISHNAN

Secretary, Department of Fertilizers

5

Framework Agreement between IFFCO and IPL from India and FOSAGRO from Russia on import of DAP Fertilize

MR. MAXIM VOLKOV

Director General, OJSC, FOSAGRO

DR.UDAY SHANKER AWASTHI

Managing Director, IFFCO

 

 

 

 

 

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