Last updated at: (Beijing Time) Sunday, January 04, 2004
India, Russia clear decks for sale of aircraft carrier
After weeks of hard negotiations, India has cleared the acquisition of the 45,000-ton aircraft carrier Admiral Gorshkov from Russia, according to the Press Trust of India (PTI).
After weeks of hard negotiations, India has cleared the acquisition of the 45,000-ton aircraft carrier Admiral Gorshkov from Russia, according to the Press Trust of India (PTI).
India has reportedly resolved the contentious issues and drawn up a comprehensive agreement to cover the sale, after-sale services and supply of spares for the carrier.
Sources were quoted as saying that the over 2 billion US dollars deal covering the complete refitting of the carrier, sale of 28 MIG-29K fighters and 6 Kamov 31 anti submarine helicopters would be signed during the visit of the Russian Defense Minister Sergei Ivanov to India from January 20.
Besides the Gorshkov deal, Indian Defense Ministry is on the threshold of concluding a 2.1 billion US dollars deal for the manufacture of six French 1,500-ton Scorpene submarines under license from the Paris-based DCN International.
Another major deal is that for acquisition by India of 66 Hawk 115Y advanced jet trainers for the Indian Air Force.