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December 6, 2010

Sarkozy India visit led signing of nuclear deal

Filed under: Business — admin @ 1:37 am

Talks between French President Nicolas Sarkozy and Indian Prime Minister Manmohan Singh led to signing of nuclear deal (9.3-billion-dollar deal) to sell two nuclear reactors to India.


For the new nuclear plant in Jaitapur situated in Western part of Maharashtra, agreement has been done with French giant Areva for purchase of these two reactors.

French Preseident Sarkozy is in four days visit to India and in need of establishing healthy trade relations with strongly developing economy India.

Similarly previously US President Barack Obama and British Prime Minister David Cameroon visited India for similar mindset of strong ties with India earlier.

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