New Delhi, Jan 17: The Cabinet Committee on Security (CCS) today understood to have cleared in principle the estimated USD 1.6 billion deal to purchase Russian-made aircraft carrier 'Admiral Gorshkov'. The meeting of the CCS, presided over by Prime Minister Atal Bihari Vajpayee, authorised Defence Minister George Fernandes to finalise the contract with his Russian counterpart Sergei Ivanov here next week, official sources told newspersons.


Ivanov begins his three-day visit to India from Monday.

Bureau Report