India, Russia Ink Key Pact for 2 Nuke Power Units in Kudankulum
India and Russia concluded a much-awaited pact for setting up the last two units of the Kundankulam nuclear power plant with Moscow's help in Tamil Nadu after overcoming initial hurdles to finalise the strategic deal.
The General Framework Agreement (GFA) and Credit protocol for Units 5 and 6 of the Kudankulam nuclear plant are seen as a major outcome of the annual summit talks between Prime Minister Narendra Modi and Russian President Vladimir Putin.
"We welcome the conclusion of the the General Framework Agreement and Credit protocol for Units 5 and 6 of the Kudankulam Nuclear Power plant," said a vision document issued after the Modi-Putin talks.
Putin and Modi Talk to Media After Signing Deals
Talking at the CEOs forum, PM Modi said that Russia has been by India’s side from time to time, even the business community helps bring both countries closer.
PM Modi invited Russian companies to participate in India's defence sector.
Growing Ties With Pakistan Will Not Affect India-Russia Ties: Putin
Russia's “trust-based” ties with India will not be diluted by Moscow's growing ties with Pakistan and others, Putin told the media persons after meeting Modi adding that Russia does not have any tight military relations with Pakistan.
There is no other country in the world that Russia has "deep cooperation" in delicate areas such as missiles, he added.
He said that Russia will always support India in its fight against terrorism, no matter where the terror threat comes.
Russia is respectful toward all Indian interests, he said.
Special Friendship Between India and Russia: Putin
After a meeting with Russian President Putin, PM Modi said, “Both Russia and India believe in the benefit and happiness of all.”
President Putin said, “This exists a special nature of trust and friendship in the relations between the two countries and its people.”