Recent Report on India Ukraine Relationship

Recent Report on India Ukraine Relationship

Ukraine is erstwhile USSR nation. It has close proximity with central Asia. Russia provides maintainance technology for our defense equipments at very high cost,. Ukraine can provide the same at very low cost. Ukraine also acts as a buffer zone between Europe and Central Asia. Ukraine is very good producer of agriculture product because of steppe grasslands.It is also one of the minerals. It is one of the largest producer of iron ore. Ukraine is a part of Black Sea. Krivory Rog in Ukraine has extensive deposits of iron.

Here are some highlights of recent visit of Ukrainian President............................

Recent Ties with India:

Ukrainian President Victor Yanu Kovych visited India. 

During the Soviet times, Ukraine was home to 30% of countries military industrial complex and it is now attempting to modernize its defense industry. In this scenario, India senses it will be able to duplicate its approach towards Russia of moving away buyer seller relationship and going in for R&D joint production model, such as the pact with Moscow for 5th generation fighter aircraft(T50), military transport aircraft and Brahmos.

Ukraine is already modernizing India's 100-plus fleet of military transport aircraft and has been active in providing engines for Naval vessels and military spares.

Ukraine in turn assured India of its support in a bid to join 4 international control organs including nuclear suppliers group. 

Two sides also linked an agreement on exchanging nuclear safety related information. Ukraine operates 15 reactors of same type as the one being put up by Russia at Kudankulam.

India pressed for Visa issue, which it feels is a major non tariff barrier. It is a major reason for trade deficit. (5;1), with Ukraine agreeing to Indian investment in fertilizer sector.