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Monday, May 28, 2007

India, Russia to hold talks to renew arms deals
A high-level Russian defense delegation will arrive in India on Jun. 3 to discuss the contracts on Su-30MKI fighters and aircraft carrier Admiral Gorshkov.

There have been earlier reports that Russia wants to renegotiate its Su-30MKI fighter and Admiral Gorshkov aircraft carrier contracts with India due to the falling dollar and double digit inflation in Russia.

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