Ukrainian President to sign strategic defence pact with India during state visit
Visiting Ukraine President Viktor Yanukovych is expected to sign potentially lucrative bilateral strategic defence deals with the Indian Government on supplying electronic support measure systems used to detect stealth warplanes to New Delhi.
The pacts include defence deals ranging from the sale of the Kolchuga electronic support measure system used to detect and track stealth warplanes, the R-77 missile and collaborations in aerospace projects.
Yanukovych is also scheduled to visit India's technology hub Bangalore and meet business and industry leaders there.
India and Ukraine are also expected to sign deals on trade and nuclear safety related issues.
For years India and Ukraine had cold relations because of New Delhi's closeness to Moscow in the matters of defence deals, and due to this the latter had emerged as the main supplier of battle tanks to India's archrival Pakistan.
Relations between the two countries improved after they signed a USD 400 million deal in 2009 to upgrade the Indian Air Force's fleet of 105 Soviet-era AN-32 light transport aircraft.
The bilateral trade turnover between the two countries has increased from USD 138.62 million in 1992 to USD 2.87 billion in 2011/12.