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| Russia expects a series of major defence and business deals out of Medvedev's two-day visit to India [Reuters] |
Russia and India are expected to sign billions of dollars worth of defence and nuclear deals during the Russian president's visit starting Tuesday.
An expected highlight of Dmitry Medvedev's trip will be a $30bn agreement for the design and development of a new stealth fighter jet to be inducted into the Indian air force, Alexander Kadakin, the Russian ambassador, told reporters.
The aircraft would be the equivalent of the US air force's F-22 Raptor.
"There is robust defence cooperation between the two countries," Vishnu Prakash, a foreign ministry spokesman, said.
"It is not a mere buyer-seller relationship, but the two sides are looking at joint research and development and joint production."
During the Cold War, India and the Soviet Union shared a deep relationship, while the US tilted toward India's neighbour Pakistan.
In the post Cold War period, India has moved closer to the United States, but its strategic partnership with Russia has endured.
"We can rightfully call it a privileged partnership," Medvedev said in an interview with the Times of India newspaper published Monday.
Medvedev, who will be......Read more...
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