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Construction of future power generating units of Kudankulam nuclear plant
Context
India, Russia ink pacts on construction of future power generating units of Kudankulam nuclear plant.
India-Russia Nuclear Cooperation
- Recently, India and Russia inked pivotal agreements concerning the development of future power units at the Kudankulam nuclear power plant in Tamil Nadu.
- The Kudankulam project, with Russia's technical support, is a key collaboration, signifying the strategic partnership between the two nations in the realm of nuclear energy.
Strategic Collaborations: Defence, Space, and Nuclear Energy
- External Ministry emphasized the significance of collaborations in defence, space, and nuclear energy, citing the necessity for such partnerships with nations fostering a high level of mutual trust.
- The ongoing strategic cooperation underscores the depth of the India-Russia relationship, particularly in areas vital to national security and technological advancement.
India and Eurasian Economic Zone
- A notable development includes the agreement to commence in-person negotiations on the free trade agreement between India and the Eurasian Economic Zone.
- Both nations have set a deadline for their negotiating teams to meet by the end of January, signaling a commitment to fostering economic ties and exploring new avenues for bilateral trade.
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