India, Russia likely to sign 3 military cooperation pacts during Putin's visit

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  1. Kinshuk

    Kinshuk Regular Member

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    http://netindian.in/news/2010/03/05...ilitary-cooperation-pacts-during-putins-visit

    India and Russia are likely to ink three agreements on military technical cooperation worth $ 4 billion, including one on retrofitting the Admiral Gorshkov aircraft carrier, during Russian Prime Minister Vladimir Putin's visit to New Delhi on March 11-12.


    During his stay, Mr Putin will hold wide-ranging discussions with Prime Minister Manmohan Singh and other Indian leaders on bilateral cooperation as well as a variety of international issues.


    Reports in the Russian media have indicatd that the visit would see the signing of a $ 2.35 billion contract between Russia's state-controlled arms exporter Rosoboronexport and the Indian Defence Ministry on refitting Admiral Gorshkov, which the Indian side has renamed as INS Vikramaditya.


    There is also be a $ 1.2 billion contract on delivery of MiG-29K/KUB carrier-based fighters, the reports said.


    Gorshkov is currently undergoing repairs and refit at the Sevmash shipyard in Russia. The two sides had initially agreed on $ 970 million, but the Russians said the costs had gone up and an additional $ 1.5 billion would be needed.


    Other agreements would be related to nuclear reactors in Kundankulam in Tamil Nadu and the new site of Haripur identified in West Bengal. Agreements are also likely on the fifth generation fighter aircraft that the two sides are developing jointly as well as on a multi-role transport aicraft, the reports said.


    Other areas in which the two countries are cooperating include the licensed assembly of T-90 tanks in India, the production of BrahMos missiles and the purchase of Smerch MLRS by India, the reports added.
     
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