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Fri 03 Mar 2010India signs weapons deals worth $4bn with Russia
THE INDIAN government has approved a clutch of agreements with Russia for military hardware estimated at more than US$4 billion (€2.9 billion) ahead of prime minister Vladimir Putin’s day-long visit to New Delhi today, spawning a possible arms race in a highly volatile region.
The cabinet committee on security (CCS) headed by prime minister Manmohan Singh confirmed the long negotiated and highly contentious $2.34 billion deal to refurbish Admiral Gorshkov, the 44,500-tonne second-hand aircraft carrier which the Indian navy acquired in 2004 for the price of its refit.
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