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India, Russia Pledge Deeper Cooperation
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http://enews.voanews.com/t?ctl=15F1A52:A6F02AD83191E1604A04F8D30CF7CABF9574F7DCC14957C0 Russian President
Vladimir Putin and Indian Prime Minister Manmohan Singh sign deal for
Russia to help India build nuclear power plants





Russian President Vladimir Putin (L) and Indian Prime Minister
Manmohan Singh talk to each other during their press conference in New
Delhi, 25 January 2007Russian President Vladimir Putin and Indian
Prime Minister Manmohan Singh have signed a deal for Russia to help
India build nuclear power plants.  VOA's Suzanne Presto in New Delhi
reports that Mr. Putin is focusing on energy and trade on his visit to
India.

Under the agreement signed Thursday, Russia will help India construct
four new nuclear reactors for peaceful purposes.

The reactors are to be built at the Kudankulan nuclear power plant in
southern India's Tamil Nadu state and elsewhere.

Speaking at a news conference after a signing ceremony in New Delhi,
Indian Prime Minster Manmohan Singh said energy issues are central to
India's long-term partnership with Russia.

"Energy security is the most important of the emerging dimensions of
our strategic partnership," Singh said.  "Russia's position as a
global leader on energy issues is widely recognized.  We look forward
to a long-term partnership with Russia in this vital field."

President Vladimir Putin stressed that the countries intend to
cooperate in the peaceful uses of the atom. 

Russia and the United States are competing for stakes in India's
nuclear market, as India seeks additional sources of power to support
its rapidly growing economy. 

Mr. Singh thanked Russia for its help in the field of nuclear
development.

"We appreciate Russia's support in lifting international restrictions
on nuclear cooperation within India and assisting us in the expansion
of our nuclear energy sector," he said.

Mr. Putin also spoke of intensified cooperation in the fuel sector.

He applauded the joint construction of infrastructure in India and the
region for the production and transportation of oil and natural gas.

In addition, the nations agreed to boost cooperation in space and
technology.  Russia will allow India to use its global navigation
satellite system, GLONASS.  The two governments also agreed to
cooperate in aviation, and India expressed specific interest in the
development of a transport plane and a new fighter jet.

On the economic front, Mr. Putin stressed that increasing trade and
business contacts between the nations is of prime importance.

He says the shared goal is to broaden the field of business
cooperation by seeking out new models of interaction.

India and Russia have long cooperated in defense issues and trade, a
relationship that dates back to the days of the former Soviet Union.

The relationship, however, has weakened in the past 16 years, after
the Soviet Union broke apart and India began to look toward the United
States and Europe for trade and technology.  Mr. Putin's visit is in
part designed to revive ties.

Mr. Putin will conclude his two-day visit to India on Friday.  He is
to be a guest of honor Friday at India's Republic Day ceremonies.