Dipanjan Roy Chaudhury reports that less than two months before Barack Obama presence in Delhi as the Republic Day Chief Guest, Narendra Modi and Russian President Vladimir Putin unveiled on December 11 a grand-vision document to meet India energy needs and boost trade and investment ties across wide-ranging sectors including a deal on sovereign fund notwithstanding a recent veiled threat from US official of the risks of doing business with Moscow.
The fast changing geo-political scenario has seen Delhi getting closer to US while Moscow has reached out to Islamabad, raising speculations of a Russia-China-Pakistan triangle in a new world order. But what could be music to India ears two days ahead of the Putin arrival, Russian Ambassador to India Alexander Kadakin today dispelled India fears on military sales to Pakistan. Besides, road map on nuclear energy that could see Russia setting up 20-24 nuclear plants in India, stakes in oil fields will also be offered to Delhi, Kadakin informed. Russia has the highest oil reserves. The Ambassador said Russia was also expecting from the Indian side the name of the new site for another cascade of nuclear power units.
Besides to further expand defense ties, Russia is keen to set up defense service center in India for supply of spare-parts for defense equipment purchased from Moscow.
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