RA’s Daily Russia News Blast – Dec 11, 2014
TODAY: Putin’s India visit results in energy deals; Moscow cancels Uzbekistan debt; ruble trouble continues. Opposition activist placed on wanted list; school designated ‘foreign agent’, Putin influence noted by Time.
Vladimir Putin’s visit to India has yielded a deal in which Russia’s state-owned nuclear energy firm Rosatom will supply 12 nuclear energy reactors for India over 20 years. The Russian Direct Investment Fund will work with an Indian partner to invest $1 billion in hydroelectric projects. ‘It is good for a rich fiancee to have a beautiful bride […] But they should not promise you a marriage and then betray you‘ said a cautious Alexander Kadakin, Russia’s Ambassador to New Delhi, before the visit. Russia has entirely written off $890 million in debts owed by Uzbekistan in an attempt to foster strong economic links between the nations; security matters and IS were also discussed on Putin’s visit to Tashkent. The U.S. has accused Russia of violating two crucial arms-control treaties. Former Soviet leader Mikhail Gorbachev believes a U.S.-Russia summit should be held to stop Moscow’s relations with the West disintegrating further.