Friday, December 05, 2008

India and Russia ink nuclear deal

After cementing an agreement with the United States for nuclear reactors earlier this year, India signed a nuclear pact with Russia for four new nuclear power plants.

Russia has built reactors for India in the past and is the main supplier of high tech weaponry for India's armed forces. The two signed a deal for 80 military helicopters and for more work on nuclear-powered submarines.

India is a massive country experiencing rapid growth but has few petroleum resources. However, India has major uranium and thorium reserves and is pursuing nuclear power to meet its energy needs.

Chandigarh Tribune

India: Nuclear Deal With Russia
New York Times - 2 hours ago
By REUTERS President Dmitri A. Medvedev signed agreements Friday to develop new nuclear plants in India. India had earlier signed a nuclear pact with the United States.
Video: Russia and India strike nuclear deal RussiaToday
India-Russia nuclear deal signed BBC News