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Russia, India discuss future of bilateral strategic partnership
MOSCOW, August 13 (Itar-Tass) -- Russian Foreign Minister Sergei Lavrov and the Indian prime ministers special representative to nuclear talks with the United States, Shyam Saran, met in Moscow on Monday to discuss the development of strategic partnership between India and Russia.
Shyam Saran informed the head of the Russian Foreign Ministry about the results of recent talks in Washington on the question of fostering American-Indian cooperation in the field of peaceful atom, the Russian Foreign Ministry said. Questions of advancing strategic partnership between Russia and India were discussed at the meeting.
Earlier, Indian Ambassador Kanwal Sibal said the two countries should develop economic cooperation because it is profitable for both sides.
In his opinion, the power sector is the most promising industry for investment. India needs energy resources and is willing to take part in various energy projects.
He said India had invested 1.7 billion U.S. dollars in the Sakhalin-2 project, and was planning to make investments in the projects connected with the transportation of hydrocarbons and the building of oil pipelines.
Sibal mentioned the work of Russian companies in the Indian nuclear sector. He reminded that Russia was building two nuclear power units in southern India. A memorandum of intent, signed during the visit of President Vladimir Putin to India early this year, provides for a possibility of building another four nuclear power units in India.
Commenting on economic cooperation between the two countries, Sibal pointed to the important role played by Gazprom, and expressed interest in the participation of Russian companies in the building of a gas pipeline connecting Iran, Pakistan, and India. According to his information, the project is of interest not only for India, but also for Pakistan. He said they were interested in gas supplies from Iran, and the participation of Gazprom with its extensive material base will strengthen New Delhis confidence in the safety of the project.
Sibal said the overall amount of investments, to be needed by the Indian economy during the period ending in 2012, was 320 billion U.S. dollars. He added that some sectors of the Indian economy were open for 100 percent foreign investments, including agriculture and the construction of airports and seaports.
He reiterated Indias willingness to cooperate in the sphere of defence technology supplies. India will soon get 80 Russian Mi-17 helicopters and 40 Sukhoi planes. The diplomat stressed he was sure that cooperation in the sphere of defence would be maintained on the highest level.
He said India is also interested in space cooperation with Russia.
India intends to continue to develop cooperation with Russia in space. One of the most important moments in such cooperation is the creation and launch of satellites operating within Russias GLONASS navigation system, the ambassador told Russian journalists in Moscow on Monday.
GLONASS is much better than the American analogue, GPS, and has proved reliable, he added.
The head of Indian Space Research Organisation (ISRO) will come to Moscow to discuss the expansion of Indian-Russian space cooperation.
http://www.itar-tass.com/eng/level2.html?NewsID=11787799
MOSCOW, August 13 (Itar-Tass) -- Russian Foreign Minister Sergei Lavrov and the Indian prime ministers special representative to nuclear talks with the United States, Shyam Saran, met in Moscow on Monday to discuss the development of strategic partnership between India and Russia.
Shyam Saran informed the head of the Russian Foreign Ministry about the results of recent talks in Washington on the question of fostering American-Indian cooperation in the field of peaceful atom, the Russian Foreign Ministry said. Questions of advancing strategic partnership between Russia and India were discussed at the meeting.
Earlier, Indian Ambassador Kanwal Sibal said the two countries should develop economic cooperation because it is profitable for both sides.
In his opinion, the power sector is the most promising industry for investment. India needs energy resources and is willing to take part in various energy projects.
He said India had invested 1.7 billion U.S. dollars in the Sakhalin-2 project, and was planning to make investments in the projects connected with the transportation of hydrocarbons and the building of oil pipelines.
Sibal mentioned the work of Russian companies in the Indian nuclear sector. He reminded that Russia was building two nuclear power units in southern India. A memorandum of intent, signed during the visit of President Vladimir Putin to India early this year, provides for a possibility of building another four nuclear power units in India.
Commenting on economic cooperation between the two countries, Sibal pointed to the important role played by Gazprom, and expressed interest in the participation of Russian companies in the building of a gas pipeline connecting Iran, Pakistan, and India. According to his information, the project is of interest not only for India, but also for Pakistan. He said they were interested in gas supplies from Iran, and the participation of Gazprom with its extensive material base will strengthen New Delhis confidence in the safety of the project.
Sibal said the overall amount of investments, to be needed by the Indian economy during the period ending in 2012, was 320 billion U.S. dollars. He added that some sectors of the Indian economy were open for 100 percent foreign investments, including agriculture and the construction of airports and seaports.
He reiterated Indias willingness to cooperate in the sphere of defence technology supplies. India will soon get 80 Russian Mi-17 helicopters and 40 Sukhoi planes. The diplomat stressed he was sure that cooperation in the sphere of defence would be maintained on the highest level.
He said India is also interested in space cooperation with Russia.
India intends to continue to develop cooperation with Russia in space. One of the most important moments in such cooperation is the creation and launch of satellites operating within Russias GLONASS navigation system, the ambassador told Russian journalists in Moscow on Monday.
GLONASS is much better than the American analogue, GPS, and has proved reliable, he added.
The head of Indian Space Research Organisation (ISRO) will come to Moscow to discuss the expansion of Indian-Russian space cooperation.
http://www.itar-tass.com/eng/level2.html?NewsID=11787799
