Four among the five UNSC permanent members announced great deals with India

NEW DELHI: US, China, France and UK four of the five permanent United Nations Security Council (UNSC) members have announced various trade and business deals with India in 2010. China alone agreed on over USD 40 billion economic deals with India.

All the multi-billion dollar plans were unveiled during the visit of their respective country people to India this year.

This is a good sign for India for getting included with these UNSC permanent members as India is trying hard for making strong pitch for a permanent seat.

Chinese premier Wen Jiabao, who is on a three-day visit said on Wednesday, “The (investment and trade promotion) mission is scheduled to sign economic and trade agreements worth more than USD 16 billion with Indian companies.”

Earlier this month, French President Nicolas Sarkozy’s visit to India saw the announcement of various deals estimated to be worth nearly USD 13 billion.

US President Barack Obama who had visited India in November, announced business deals pegged at USD 10 billion. These include Anil Ambani-led Reliance Power’s USD 2 billion-worth equipment sourcing plan and SpiceJet’s pact with Boeing 777 to purchase 30 aircrafts for nearly USD 3 billion.

Beside all these deals Russia is also expected to announce various deals with India, during Russian Prime Minister Dmitry Medvedev’s two-day visit starting December 21.
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