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India-Russia to scale up co-operation in nuclear power generation

India and Russia have decided to scale up co-operation in the field of nuclear power generation. The two countries asserted that their co-operation on Kudankulam Nuclear Power Plant will continue. The work on the power plant was suspended after some protests and has resumed recently.

The Prime Minister, Dr. Manmohan Singh discussed agreements for the unit third and fourth of Kudankulam plant with the Russian president. Russian Ambassador in India, Alexander M. Kadakain said that the pacts are almost ready for signing. The two leaders decided to strengthen trade ties.

They will explore the possibility of a comprehensive economic co-operation agreement to maximize the bilateral trade .

In his meeting with the Chinese President Hu Jintao ,Dr Manmohan Singh reviewed bilateral ties. 

The two leaders expressed satisfaction on achieving 100 billion US dollar trade target by 2015.

The Chinese President assured Dr. Singh to facilitate access of Indian goods to Chinese markets to reduce the trade imbalance.

The two sides decided to continue the dialogue to resolve all outstanding issues. They declared 2012 as a the year of India-China Friendship.



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