Leading Indicators: Off-the-Radar News Roundup
By
Judah Grunstein
|
11 Mar 2010
- Indian officials said that India and Russia
will sign a civil nuclear cooperation agreement
as well as the final draft of the many-times-revised Admiral Gorhkov refitting contract during the visit of Russian Prime Minister Vladimir Putin. A visa pact facilitating business travel also figures prominently in the stack of deals to be inked.
- Meanwhile, India's defense minister
confirmed before the Indian parliament
that India had formally requested to purchase 10 U.S.-made C-17 transport planes, for a price of $1.7 billion. This comes on top of last year's $2.1 billion deal to purchase eight U.S.-made maritime patrol aircraft. This is more evidence of an Indian shift toward a balanced procurement basket, even if it remains heavily weighted toward Russian-made big-ticket items. ...