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Dmitry Medvedev meets with Indian counterpart in New Delhi

Dmitry Medvedev meets with Indian counterpart in New Delhi

22 December 2010 04:59 (UTC +04:00)

Baku-APA. Russian President Dmitry Medvedev wound up the first day of his official visit to India by meeting with his Indian counterpart Pratibha Patil in New Delhi on Tuesday, APA reports quoting RIA Novosti.
Earlier on Tuesday, Russia and India signed a contract to jointly develop a design for a new fifth-generation multirole fighter; the countries also signed intergovernmental agreements on cooperation in the oil, gas and nuclear energy spheres as well as IT development.
Bilateral relations have blossomed in recent years, with India becoming one of the biggest importers of Russian military hardware.
In 2009, Russian-Indian trade reached the $7.5 billion mark. It grew 20% in the first nine months of 2010, and the countries plan to raise the figure to $20 billion by 2015.
The biggest joint projects today are the construction of the Kudankulam nuclear power plant in southern India and the exploration of the Sakhalin-1 oil and gas field with the participation of India’s ONGC state-run corporation.

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