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Tuesday, March 20, 2007

Russia denies rumours of leasing two nuclear submarines to India

Free Image Hosting at www.ImageShack.usRussia's Federal Agency on Military-Technical Cooperation (FSVTS) denied the rumors published by Indian newspapers that two nuclear submarines of project 971 Shchuka-B (NATO’s reporting name Shark) would be leased to India.

However, it is noteworthy that there have been too many technical details in the published rumors which make it possible to assume that “there is no smoke without fire”, as they say in Russia.

In particular, Indian sources claim that India and Russia have already signed the leasing agreement on the delivery of the two subs, having indicated even the sum of the contract - $ 350 million ($35 million for one submarine annually).

Allegedly the contract was signed on January, 26th, 2007 during the visit of the President of the Russian Federation V.Putin to New Delhi.

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