India Russia Sign 25 Agreements

On 7 November 2009, India signed a new nuclear agreement with Russia, with the exception of the previous agreements between the two countries. [102] India and Russia discuss the construction of two more nuclear power plants in Kudankulam. Two facilities at the Kudankulam nuclear power plant are already in operation. During Russian President Vladimir Putin`s visit to India for the 13th annual summit, a civil-nuclear cooperative roadmap was adopted. By 2030, 16 to 18 new reactors with an installed capacity of 1,000 MW each will be built. A 1,000 MW reactor costs about $2.5 billion, which could reach a value of $45 billion. [103] 35. The parties recognized opportunities to strengthen bilateral trade in agriculture. They expressed their intention to take specific measures to improve the regulatory environment in this sector and harmonize plant health standards, develop logistics, find new ways to promote agricultural raw materials in our countries` markets and study each other`s capabilities and needs more carefully. The Green Corridor mechanism provides for the exchange of information between two customs administrations before arrival.

This would help speed up customs clearance by improving risk management. This would greatly improve trade facilitation. In December 2008, during a visit by the Russian President to New Delhi, Russia and India signed an agreement on the construction of civilian nuclear reactors in India. [70] 80. The parties noted at the discretion that approaches to their foreign policy priorities were strongly linked and stressed the importance of developing the special and privileged India-Russia strategic partnership, both in the context of current bilateral relations and in dealing with regional and international issues. They expressed their common intention to strengthen and develop bilateral relations for the good of the peoples of India and Russia. During his visit, Prime Minister Modi also signed documents on the construction of Russian nuclear power plants at new sites in India, the development of a bilateral leasing platform, the development of bilateral investment activities and the development of rail vehicles. 65. The parties supported the negotiation of a legally binding multilateral instrument for the creation of reliable safeguards in the event of non-deployment of weapons in Earth orbit.

They reaffirmed that the Conference on Disarmament was the only multilateral forum for negotiating an international agreement (or agreement) on the prevention of an arms race in all its aspects. 8. Both sides have expressed interest in extending the participation of Russian companies in the “Make in India” programme and Indian companies in investment projects in Russia. In this context, they agreed to accelerate preparations for the signing of the intergovernmental agreement between India and Russia on the promotion and mutual protection of investments. Historically, there is a long history of space cooperation between the Soviet Union and India. For example, Aryabhata was India`s first satellite,[71] named after an Indian astronomer of the same name. [72] It was launched by the Soviet Union on April 19, 1975[71] by Kapustin Yar with a 3M cosmos launcher.

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