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Russia Signs Pact for Building Four Nuclear Reactors in India

2007-01-25 Russia today signed an agreement with India for construction four more nuclear reactors in Kudankulam project in Tamil Nadu.

Announcing this, Prime Minister Manmohan Singh told a joint press conference with visiting President Vladimir Putin said they have signed a joint statement on cooperation in the field of atomic energy.

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

Singh said nuclear energy security was emerging as the most important aspect of "our strategic partnership and we look forward to longtime partnership with Russia in this vital field."

He described as a "significant development" cooperation in development of the fifth generation fighter aircraft and multi-role transport plane between the two countries.

In his remarks, Putin said the two countries would continue cooperation in the area of peaceful use of atomic energy.

Putin said "we consider as extremely important completion of the construction project in Kudankulam."

On defence cooperation, Singh said that he had comprehensive discussions with Putin on joint research and development, manufacturing and marketing and joint exercises.

The Prime Minister said discussions with Putin were extremely useful and productive and confirmed once again that "our strategic partnership is based on deep convergence of vital national interests."

Though there has been a sea change in the international situation in the last few years, he said Russia remained indispensable to the core of India's foreign policy engagement.

"We seek a comprehensive re-engagement that would impart a new momentum and carry forward bilateral relationship to new heights," Singh said.

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