The first Agreement relates to the establishment of the Indo-Russian Inter-Governmental Commission on Military Technical Cooperation. It was signed by Defence Minister,
Mr George Fernandes and Russian Deputy Prime Minister, Mr II Klebanov. The Commission will meet annually. It will be chaired by Defence Minsiter, Mr George Fernanades and Russian Deputy Prime Minister, Mr Klebanov. The Commission will have under it two Working Groups, the first one dealing with military-technical cooperation and the second with defence production in the fields of ship building, aviation and land systems. From the Indian side, the Working Groups will be headed by Defence Secretary and Secretary, Defence Production, respectively. The Commission will exercise coordination and control of bilateral military-technical cooperation, facilitate its development, resolve problems emerging in the course of implementation of military-technical cooperation, provide greater impetus to it and assist accelerated decision-making.

The second Agreement relates to the supply from Russia of the aircraft carrier Admiral Gorshkov. The Agreement was also signed by Defence Minister, Mr George Fernandes and the Russian Deputy Prime Minister, Mr Klebanov. The signing of this Agreement paves the way for the acquisition, refit and modernisation of the Admiral Gorshkov . Subject to satisfactory negotiations between the two sides, it will be equipped with MiG 29 K fighters in addition to Sea Harriers fighters and the Sea King KA 31 and KA 28 helicopters which are already in service with the Indian Navy. The acquisition of the Admiral Gorshkov will enable the Navy to fill the void created by the decommissioning of INS Vikrant three years ago. As per this agreement Russian side will be submitting a Detailed Project Report (DPR) on the basis of which an investment decision will be taken by the Government of India.

The third Agreement was the Inter-Governmental Agreement for the transfer of technology and licensed production of 140 SU-30 MKI fighter aircraft, the engines and airborne equipment by Hindustan Aeronautics Limited (HAL). This Agreement further provides for the licence production of additional engines, aggregates and air-borne equipment so as to facilitate exploitation of these aircraft over their life cycle. Since this class of aircraft is already in service with the Indian Air Force, the Agreement also provides for the setting up of repair and overhaul facilities simultaneously with the setting up of the production facilities. The special feature of this Agreement is that it also sets up the possibility of joint production, joint marketing and buy-back of equipment manufactured by HAL by the Russian production, agencies. In addition, it provides for the possibility of engineers and designers of both sides to work jointly to effect generation improvements in the aircraft, engines and systems. The Agreement takes into consideration the fact that many of the upgrades of the SU-30 MKI programme are being jointly progressed by both sides and that the production at HAL would be a major step forward in the Indo-Russian defence cooperation.

An Agreement between Ministry of Defence and the State Cooperation Rosvoorouzhenie of the Russian Federation on the purchase of T-90 tanks by India was also signed. This Agreement was signed by senior officials of the Defence Ministry and Rosvoorouzhenie. This Agreement relates to the purchases of 310 T- 90s tanks. The Army has at present Vijayanta, T-55 and T-72 tanks in its armoured fleet. It has been seeking to modernise its tank fleet for some time now and after considering various options, the Army decided to go in for the acquisition of the T-90s tank. The Agreement is a composite agreement under which 310 tanks will be acquired, a large number of which will be supplied in fully formed condition and, therefore, will be ready for an immediate deployment. The Ministry of Defence would also be acquiring complete technology transfer for the indigenous manufacture of these tanks in India. The T-90 is a state-of-the-art tank with missile-firing capability. It is fitted with an active protection system against enemy missiles. This acquisition will greatly improve the operational capability of the Indian Army.

An MoU on Cooperation in the Peaceful Uses of Nuclear Energy was also signed on this occasion by Mr Brijesh Mishra, Principal Secretary to the Prime Minister and the Russian Deputy Prime Minister, Mr I I Klebanov. The Russian Defence Minsiter, Marshal I D Sergeyev and Defence Secretary, Mr T R Prasad were amongst those present on the occasion.