India and France on Monday 6th December,2010 signed seven agreement including five in the area of nuclear energy,to pave the way for more intensive cooperation in this sector.
Prime Minister Manmohan singh and French President Nicolas Sarkozy who presided over the signing of the pacts,resolved to double bilateral trade to Rs 12 billion.
During a 90-minute interaction the two leaders touched on areas such as defense, infrastructure ,energy,space, research and development,and joint ventures where cooperation could be stepped up.
Dr Singh and Mr Sarkoshy also discussed cooperation in counter terrorism and situation in Afghanistan and Pakistan. Dr Singh, in his opening remarks, termed France" India's most important and reliable defense partner" and acknowledged its supply of advanced defence technologies to the Indian armed forces. ivil nuclear pact is one of the important pacts. Signed for co-production of films and cooperation in the Earth system science and climate. Dr Singh hoping that the nuclear park would ultimately supply 10,000 MW of electricity to the Indian grad.
France has offered to invest over Rs 10 billion in India over the next two years if India liberalised the norms for multi-brand retail and insurance sectors.
Prof. John Kurakar
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