Russian PM Zubkov to meet Pranab Mukherjee today
{image-Russian PM_12022008.jpg news.oneindia.in}New Delhi, Feb 12: Russian Prime Minister Victor A Zubkov will meet External Affairs Minister Pranab Mukherjee here today to explore ways for further strengthening bilateral ties between the two countries. Zubkov arrived here late last night on a three-day visit that is expected to focus on enhancing existing bilateral ties, especially economic. Later, Russian PM will meet Finance Minster P. Chidambaram and Leader of Opposition L K Advani. A delegation talks will be held between the visiting Prime Minister and his Indian counterpart Dr. Manmohan Singh this afternoon.
India and Russia are expected to sign five agreements, including one each relating to cooperation in the telecom and aviation sectors. When Prime Minister Dr. Manmohan Singh visited Moscow in November 2007, he pointed out to the extremely small volume of bilateral trade between the two countries. "Trade and investment relations between India and Russia have lagged far behind our excellent political understanding and our joint commitment to strategic partnership," Dr. Singh had said then.
Presently, bilateral trade is pegged at four billion dollars, which is far less than the Russia-China and Russia-European Union bilateral trade volumes, which are 35 billion dollars and 200 billion Euros respectively. The two sides will seek to enhance the bilateral trade volume to 10 billion US dollars by 2010. The issue of civil nuclear cooperation may also figure in the talks.
India
was
expected
to
sign
a
comprehensive
nuclear
agreement
with
Russia
during
Prime
Minister
Singh's
visit,
but
the
pact
did
not
materialize.
The
pact
was
expected
to
have
a
separate
component
for
the
construction
of
four
additional
nuclear
power
generation
units
in
Kundankulam,
Tamil
Nadu.
It
was
not
signed
due
to
a
lack
of
India-specific
safeguards
agreement
with
the
International
Atomic
Energy
Agency
(IAEA)
and
a
waiver
from
the
Nuclear
Suppliers
Group
(NSG).
India
and
Russia
are
working
towards
a
possible
collaboration
on
uranium
mining
in
Jharkhand.
The
two
sides
are
also
likely
to
work
together
on
a
titanium
project
in
Gopalpur,
Orissa.
The Russian Prime Minister is also scheduled to address at the second India-Russia Forum on Trade and Investment along with Commerce and Industry Minister Kamal Nath. He will call on President Pratibha Patil and Vice President Hamid Ansari in the evening. On Tuesday, he will attend the opening ceremony of the "Year of Russia" at Purana Qila in Delhi. Before leaving for Moscow on Wednesday from Delhi, Zubkov will pay a visit to Agra.
ANI