News flops Maharishi in the World Today






  
India says to sign fighter jet deal with Russia
by Bappa Majumdar

Reuters    Translate This Article
18 January 2010

NEW DELHI (Reuters) - Russia will supply more than two dozen MiG-29 fighter jets to India's navy in a $1.2 billion deal to be finalised this week, a defence ministry official said on Monday.

The proposed deal comes after the two countries agreed on a 10-year military pact in December to cover weapons development, aircraft and maintenance contracts worth more than $5 billion.

The agreement was signed during a trip to Russia by Prime Minister Manmohan Singh, reflecting the former Cold War allies' desire to maintain a close defence relationship.

'The deal will be finalised during a visit by a high-level Russian defence team later this week,' Sitanshu Kar, a defence ministry spokesman, said in New Delhi.

The navy plans to buy 29 MiG-29 planes.

Russia will also lease to India in 2010 its new Nerpa nuclear-powered submarine, Russian defence officials and Indian naval officers said earlier this month.

Russia, India's close economic and political partner since Soviet days, is one of the world's major arms exporters.

During talks in the capital later this week, Indian defence officials will ask the Russian delegation to speed up delivery of pending military equipment, another defence official said.

New Delhi also complains of delays in supply of a refitted aircraft carrier, resulting in huge cost overrun and affecting military planning.

(Editing by Sanjeev Miglani)

Copyright 2010 Reuters. Reprinted with permission from Reuters. Reuters content is the intellectual property of Reuters or its third party content providers. Any copying, republication or redistribution or Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. Reuters and the Reuters Sphere Logo are registered trademarks of the Reuters group of companies around the world. For additional information about Reuters content and services, please visit Reuters website at www.reuters.com. License # REU-4198-JJM.

Global Good News comment:

For Maharishi's Vedic Approach to solving the problems of today's news, please visit:
http://maharishi-programmes.globalgoodnews.com

For the good news about Maharishi's seven-point programme to create a healthy, happy, prosperous society, and a peaceful world, please visit: Global Financial Capital of New York



Translation software is not perfect; however if you would like to try it, you can translate this page using:

(Google)
(Altavista babelfish)
world peace more

Search | Global News | Agriculture and Environmental News | Business News | Culture News
Education News | Government News | Health News | Science and Technology News | World Peace
Maharishi Programmes | Press Conference | Transcendental Meditation Celebration Calendars | Gifts
News by Country | News in Pictures | What's New | Modem/High Speed | RSS/XML | Good News in 10 Languages