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Civil nuke, Sistema investment on Russian DPM's agenda

Last Updated: Monday, July 16, 2012 - 18:42

New Delhi: Civil nuclear cooperation, bilateral trade and other key issues, including status of investment by Sistema in the Indian telecom sector will be on the table when Russian Deputy Prime Minister Dmitry Rogozin holds talks with the leadership here tomorrow.

Accompanied by a high-level delegation which includes Director of Federal Service for Military and Technical Cooperation, First Deputy Director General of "Rostechnologii" State Corporation and Chairman of Board of Directors of JSFC "Sistema", Rogozin will co-chair with External Affairs Minister S M Krishna the Indo-Russian Inter-Governmental Commission (IRIGC).

Rogozin, who was recently appointed Co-Chairman of the IRIGC for Trade, Economic, Scientific, Technical and Cultural Cooperation, will be on his first visit to India as Deputy Prime Minister, Ministry of External Affairs said here Monday.

Apart from holding talks with Krishna, the visiting dignitary will call on Prime Minister Manmohan Singh and meet Defence Minister A K Antony and the Commerce and Industry Minister Anand Sharma.

"Rogozin and the External Affairs Minister will hold an inter-session meeting of the IRIGC to review progress in bilateral cooperation in the trade and industrial spheres since the 16th session of the IRIGC held in Moscow in November 2011. They will also finalize the agenda for the next session of the IRIGC scheduled to be held in New Delhi later in the year," the MEA said.

With representatives of trade and industry in Rogozin's delegation, the trade and commercial issues, including Sistema investment in telecom sector here, are expected to be high on the agenda.

Russia has not taken the court order against the USD 28 billion Sistema too well and has been raising this issue with India seeking protection of their investments.

Another important issue will be civil nuclear cooperation. After the first two units (1000 mw each) of the project in Kudankulam, discussions are underway between India and Russia for the third and fourth units for the terms that will govern their construction.


First Published: Monday, July 16, 2012 - 18:42
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