Text of PM's address at the World Diamond Conference


The Prime Minister, Shri Narendra Modi and he President of the Russian Federation, Mr. Vladimir Putin after interaction with the CEOs, in New Delhi on December 11, 2014.


Text of PM's address at the World Diamond Conference
Ladies and Gentlemen,
I am delighted that Delhi is hosting the World Diamond Conference. We are especially pleased that President Putin is here with us today.

He is a leader of India`s key strategic partner and, personally, a great friend of India. In addition, Russia is the source of more than a quarter of the world`s production of diamonds.
I understand that this is the first conference of its kind in the world. This is a source of great pride for us.
I want to congratulate and thank Gem and Jewellery Export Promotion Council, the Ministry of Commerce and Industry, and, the World Diamond Mark for organising this event.
India is the natural venue for this conference.
For one, it is generally believed that diamond is India`s gift to the world. More than two thousand years ago, diamond was deeply valued in India. It was even traded with China over the Silk Route.
और अभी पुतिन जी बता रहे थे कि किस प्रकार से भारत का हीरा दुनिया में जगमगा रहा था।
It was even traded with China over the Silk Route.
Till about the 18th century, India was considered to be the only source of diamond.
Till of course, the world began mining for diamond in Africa. I am delighted that South Africa`s Minister for Mineral Resources is with us today. Thank you, I welcome you here.
Today, India is the world`s largest centre for cutting and polishing diamond and its largest importer of uncut diamond.
Diamond has become a universal symbol of wealth and enduring love. But, in India it is also a great source of jobs for our people. The Gems and Jewellery Sector in India employs nearly 3.5 million people; 1 million of them work in the diamond industry.
यानि अपने आप में Gems and Jewellery जहां पर करीब 35 लाख लोगों को रोजगार मिलता है, और उसमें दस लाख लोग सिर्फ डायमंड के क्षेत्र में काम कर रहे हैं।
India today exports cut and polished diamond worth 20 billion US dollars.
Surat has emerged as the biggest centre in the world for cutting and polishing diamonds.
और इसलिए मैं कभी-कभी कहता हूं जैसे करीब-करीब 30 प्रतिशत डायमंड रशिया देता है और इसलिए मुझे लगता है कि हर डायमंड पर - जब डायमंड यात्रा करता है रशिया से तो हर डायमंड पर रशिया के कदमों के निशान होते हैं। लेकिन जब एक पॉलिश डायमंड निकलता है तो उसके ऊपर इंडिया की उंगली के निशान होते हैं।
It hosts enterprises with some of the most advanced technologies and machinery in the world.
Although the Bharat Diamond Bourse was established in 2010, it has become the world`s largest exchange in the world.
Few in India would be aware that out of ten polished diamond pieces sold globally, nine have been processed in India.
यानि दुनिया का कोई भी व्यक्ति अगर हीरे-जवाहरात से सजा हुआ है, तो मान लेना कि दस में से नौ हीरो पर किसी किसी भारतीय की उंगली लगी हुई है।
The diamonds sparkle in the world because of the skills of Indian workers.
So, we welcome the efforts of this conference and the World Mark Foundation to increase the global market for diamonds.
However, rough diamond in India comes from abroad. And, it mostly comes indirectly through places like Antwerp and Dubai. Of course, Antwerp trade is now run mainly by Indians.
While most of rough diamonds from Russia come to India, less than 20% comes directly to India.
We have with us today the head of Russian company Alrosa, which controls most of the production and trade in rough diamonds in Russia. It has direct sales contract with 7 to 8 Indian companies.
I know that there are representatives of many bourses here. But, I will be honest and say that I want major diamond mining companies to sell directly to the Indian diamond industry. It will be good for them and for India.
I have made three proposals to President Putin.
First, I would like Alrosa to have direct long term contracts with more Indian companies. I am pleased to know that they are moving in that direction.
Second, I want Alrosa and others to trade directly on our bourse. We have decided to create a Special Notified Zone, in which major mining companies can import rough diamonds on a consignment basis and re-export unsold ones. This is going to benefit Indian diamond industry and create more jobs for our youth.
Third, I asked President Putin to reform regulations so that Russian jewellery makers can send their rough diamond to India and re-import polished diamond without paying duty.
This will give a boost to our diamond industry. These measures will also boost India-Russia economic ties.
India and Russia have outstanding cooperation in a broad range of areas. We want to focus on transforming our economic relations. We want to make this a key pillar of our relationship.
Our joint partnership - here is an indication of our new approach to expand our economic partnership.
President Putin`s enthusiasm for Russian participation in our Make in India programme will help expand manufacturing and create jobs for our people.
There are many other sectors in India, like the diamond industry, which have huge potential for creating employment and generating exports. Their modernisation and development is a great priority for my Government.
I am deeply encouraged by the level of international participation. In every sector of business, you will find that India not only offers productive business opportunities, but it is also easy to work in. You will find an environment that is welcoming and responsive.
Thank you all for coming.
एक बात और भी बता दूं - जब मैं ऑस्ट्रेलिया में President Putin से मिला था तो उस दिन मैंने, ऐसे चाय पर हम गप्पे मार रहे, थे तो मैंने बात निकाली। मैंने उनसे कहा कि आप डायमंड के संबंध में भारत के कारोबार को देखिए। आप सोचिए कि क्या हो सकता है। उन्होंने कहा, ऐसा करो, आप के इस विषय को जानने वाले व्यक्ति को मेरे पास भेज दो और उन्होंने अपने वित् मंत्री को इस काम के लिए लगाया। और मैं देख रहा हूं कि हम ऑस्ट्रेलिया में मिले और उसके बाद आज मुश्किल से 15 दिन हुए है। लेकिन 15 दिन में इस विषय को उन्होंने बहुत आगे बढ़ाया। आज स्वयं भी यहां मौजूद रहे, और आज दिनभर भी इस विषय की काफी मेरी बात हुई है। और मैं मानता हूं कि रशिया और भारत डायमंड के क्षेत्र में अगर जुड़ जाए, तो सिर्फ डायमंड चमकेगा ऐसा नहीं, डायमंड पूरी दुनिया को चमकाएगा।
बहुत बहुत धन्यवाद।
***
Strategic Vision for Strengthening Cooperation in Peaceful Uses of Atomic Energy Between the Republic of India and the Russian Federation

1. Preamble

1(1). The Treaty of Friendship and Cooperation between the Russian Federation and the Republic of India signed on January 28, 1993 established a strong and long-term basis for cooperation between the two countries.

1(2). The Russian Federation and the Republic of India (hereinafter referred to as the "Sides”), based on the traditionally friendly relations between their governments and peoples, intend to actively develop mutually beneficial cooperation in the peaceful uses of atomic energy. Towards this, the Sides especially recognize the importance of the following documents signed between their Governments:

- Agreement between the Government of the Russian Federation and the Government of the Republic of India on cooperation in the construction of additional nuclear power plant units at Kudankulam site as well as in the construction of Russian designed nuclear power plants at new sites in the Republic of India, signed on December 5, 2008 (hereinafter referred to as the "Agreement of 2008”); and

- Agreement between the Government of the Russian Federation and the Government of the Republic of India on cooperation in the uses of atomic energy for peaceful purposes signed on March 12, 2010 (hereinafter referred to as the "Agreement of 2010”).

1(3). The Sides acknowledged the importance of the "Roadmap for the serial construction of the Russian designed nuclear power plants in the Republic of India” signed on March 12, 2010 (hereinafter referred to as the "Roadmap”).

1(4).The Sides also acknowledge the importance of the following two Memoranda of Understanding between the State Atomic Energy Corporation "Rosatom” (Russia) and the Department of Atomic Energy, Government of India: (i) concerning broader scientific and technical cooperation in the field of peaceful uses of nuclear energy signed on December 21, 2010 and (ii) on cooperation with Global Centre for Nuclear Energy Partnership of India signed on June 20, 2011.

1(5). The Sides welcome their high level of bilateral cooperation in the field of peaceful uses of atomic energy and its significant achievements. At the same time, the Sides recognize the substantial potential for broadening and strengthening of their cooperation in the nuclear power sector; research and development in nuclear power and non-power applications of atomic energy, and engineering works.

1(6). This potential has been emphasized during recent high-level political exchanges between the Sides, including the meeting between the President of the Russian Federation, Vladimir Putin and the Prime Minister of India, Narendra Modi on the sidelines of the BRICS Summit in Fortaleza, Brazil on July 15, 2014.

1(7). Acknowledging the importance of on-going cooperation, and in order to provide guidance for future cooperation, State Atomic Energy Corporation "Rosatom” (Russia) and Department of Atomic Energy, Government of India have prepared the present document, entitled "Strategic Vision for Strengthening Cooperation in Peaceful Uses of Atomic Energy between the Russian Federation and the Republic of India”, with a view to provide strategic guidance for strengthening their cooperation in peaceful uses of atomic energy.



2. The current status of cooperation

2 (1). The Sides note with satisfaction their ongoing cooperation in civil nuclear energy sector, and affirm their mutual desire to further strengthen and enhance cooperation in this important area of their strategic partnership.

2 (2). The Sides express satisfaction over the progress towards putting into commercial operation Unit-1 of the Kudankulam Nuclear Power Plant (KKNPP), which achieved full rated power in July 2014. They also agreed to take necessary steps to expedite commissioning of Unit-2 of the KKNPP. The Sides welcomed the entry into force of the General Framework Agreement (GFA) of April 10, 2014 for KKNPP Units 3 and 4, with the signing of Amendment No. 1 to GFA as well as the signing of the contract for delivery of equipment with long manufacturing cycle and first priority equipment from the Russian Federation for implementation of projects for KKNPP Units 3 and 4.



3. Future development

3 (1). The Sides recognize that the agenda for their bilateral cooperation in the nuclear power sector is globally one of the largest between any two countries. They look forward to the construction of additional Russian-designed nuclear power units in India, cooperation in research and development of innovative nuclear power plants, and localization of manufacturing of equipment and fuel assemblies in India as the goal of their future collaboration, as described below.

3.1 Nuclear power

3.1(1). Conscious of India’s ambitious economic growth strategy, which would require a significant enhancement of power generating capacity, the two Sides have decided to fast-track the implementation of agreed cooperation projects for Nuclear Power Plants. Both Sides will strive to complete the construction and commissioning of not less than 12 units in the next two decades, in accordance with the Agreement of 2008. Towards this objective, the Indian side agrees to expeditiously identify a second site, in addition to Kudankulam, for the construction of the Russian-designed nuclear power units in India. The Sides will join their expertise and resources to minimize the total cost and time of construction of nuclear power units.

3.1(2). Both Sides envision that the issue of the construction of further Russian-designed nuclear power plants in India beyond those mentioned in para 3.1(1) will be considered taking into account India’s demand for power, the then available nuclear technologies including those that may be developed jointly, mutually acceptable technical and commercial terms, and the prevalent electricity tariffs.

3.1(3). The two Sides recognize that for the future sustainability of their robust cooperation, they will progressively and significantly enhance the scope of orders for materials and equipment from Indian suppliers and establish joint ventures, including by transfer of technology, as mutually agreed. This will include manufacturing of both main equipment and spares, with special priority for spares, for Russian–designed nuclear power units in India. The Joint Working Group on Nuclear Power will consider the proposals of the Sides to this effect.

3.1(4).The Sides will also explore opportunities for sourcing materials, equipment and services from Indian industry for the construction of the Russian-designed nuclear power plants in third countries.

3.1(5). Acknowledging the importance of maintenance of nuclear power plants for uninterrupted operation, both Sides will put maximum efforts into development of the cooperation in such directions as nuclear power plants technical maintenance and repair, modernization and retraining of personnel.

3.1(6). From a long-term perspective, the Sides also envision their cooperation in decommissioning of nuclear power plants.

3.2 The Nuclear Fuel Cycle

3.2(1). In the course of the construction of Russian designed nuclear power units in India as envisaged in para 3.1(1) of this document, the Sides will work on a priority basis on necessary arrangements for the fabrication in India of the nuclear fuel assemblies and their elements to be used in Russian-designed units, as envisaged in the Agreement of 2008. The two Sides will work on the implementation of Article 6.3 of the Agreement of 2010.

3.2(2). The Sides will examine the possibility of technical cooperation in mining activities within their territories. They will also collaborate in exploration and mining activities in third countries.

3.2(3). The Sides will develop a framework for collaboration in the field of radioactive waste management.

3.2(4). The Joint Working Group on the Nuclear Fuel Cycle, to be set up under Section 5 of this document, will elaborate possible approaches to the cooperation in the above-mentioned areas including facilities for spent fuel management.

3.3 Scientific and technical cooperation and radiation technologies

3.3(1). The Sides underline their desire for active cooperation in the field of scientific and technical cooperation and radiation technologies.

3.3(2). The Sides consider joint research in fast reactors, thorium fuel cycle, accelerator-blanket systems, high current protons and ion accelerator, and controlled thermo-nuclear fusion as important for the future of their strategic cooperation. The Sides also recognise the significant potential for bilateral cooperation in the field of non- energy applications of radiation technologies in areas such as industry, medicine, safety and agriculture.

3.3(3). The Sides welcome the signing of the Provisions for the Technical Data and Information Non-disclosure in the framework of cooperation in the field of peaceful uses of nuclear energy between the Russian State Atomic Energy Corporation Rosatom and the Department of Atomic Energy, Government of India. They agree that these Provisions will provide a new impetus to their scientific and technological cooperation in peaceful uses of nuclear energy.



4. Public awareness and education activity

4(1). The Sides consider their collaboration in the development of human resources in their countries as well as in third countries through advance training in all aspects of civilian nuclear sector as an important element of their bilateral cooperation.

4(2). The Sides acknowledge the value of educational activities to promote understanding and create a positive public perception of nuclear energy. Based on their shared positive experiences, the Sides plan to develop a pilot programme for integrated information centre, which can be replicated after evaluating its results.



5. Ways of implementation

5(1). The Sides agree to establish a Coordination Committee for cooperation in the peaceful uses of the atomic energy (hereinafter referred to as the "Committee”), which will oversee the entire range of bilateral cooperation, including the achievement of the objectives envisioned in this document. The Committee will be headed by Secretary, Department of Atomic Energy (India) and Director General, Rosatom (Russia). The Committee will meet once every year.

5(2). The Committee will be assisted in its task by three Joint Working Groups, each on (i) Nuclear Power, (ii) Nuclear Fuel Cycle and (iii) Scientific and Technical Cooperation, with the last Joint Working Group replacing the one established earlier to implement the Memorandum of Understanding between the State Atomic Energy Corporation "Rosatom” (Russia) and the Department of Atomic Energy, Government of India concerning broader scientific and technical cooperation in the field of peaceful uses of nuclear energy signed on December 21, 2010.

5(3) Both Sides agree that the document does not on its own create any legal or financial obligations for either Side.

***
List of documents signed during the Official Visit of President of Russian Federation to India (December 10-11, 2014)

List of documents signed during the Official Visit of President of Russian Federation to India (December 10-11, 2014)
Sl. No.
Name of the Documen
Details/Scope
Indian Signatory
Russian Signatory
1.      Inter-Governmental Documents
1.

Protocol for consultations between the Ministry of External Affairs & Ministry of Foreign Affairs of Russia for the period 2015-2016.
Envisages close consultation between the two Foreign Ministries on as many as 17 issues, ranging from Asia-Pacific to West Asia to West Europe to Latin America as also at various multilateral for a like UN, G20, BRICS, SCO, RIC.
Sushma Swaraj,
External Affairs Minister
Sergey Lavrov,
Foreign Minister
2.

Agreement for Training of Indian Armed Forces Personnel in the Military Educational Establishments of the Defence Ministry of the Russian Federation.
Lays down provisions and procedures for training courses in military educational and training establishments. Will facilitate better understanding between the two defence forces.
Radha Krishna Mathur
Secretary, Ministry of Defence
A Bakhin, First Deputy Minister of Defence
3.

Strategic Vision for Strengthening Cooperation in Peaceful Uses of Atomic Energy between the Republic of India and the Russian Federation
Envisages roadmap of bilateral cooperation in the civil nuclear energy sector for the next two decades.
Ratan Kumar Sinha, Secretary, Department of Atomic Energy

Sergey Kirienko, Director General, ROSATOM
4.

Provisions for the Technical Data and Information Nondisclosure in the framework of cooperation in the field of Peaceful Use of Nuclear Energy
Envisages provisions/terms of information exchange between the nuclear agencies of both the countries. Will provide an impetus to scientific and technological cooperation in the peaceful use of nuclear energy.
Ratan Kumar Sinha, Secretary, Department of Atomic Energy

Sergey Kirienko, Director General, ROSATOM
5.

Programme of Cooperation (POC) under Framework of Inter-governmental Agreement for Enhancement of Cooperation in Oil & Gas in 2015-16
Sets out a concrete programme for cooperation, envisaging projects including joint exploration and production of hydrocarbons, long term LNG supplies and joint study of a hydrocarbon pipeline system connecting Russia with India.
Dharmendra Pradhan, MoS (I/C), MoP&NG

Alexander Novak, Minister of Energy
6.

MoU between Quality Council of India (QCI) and Federal Accreditation Service of Russian Federation on technical cooperation on accreditation

Aims at development of accreditation systems, sharing of information, recognition of test reports, and creation of conditions for the elimination of technical barriers in trade and economic cooperation.
Adil Zainulbhai,
Chairman,
Quality Council of India
Savva Shipov, Head of Federal Accreditation Service
7.
Memorandum of Understanding between the Indian Council of Medical Research (ICMR) and the Russian Foundation for Basic Research (RFBR) on cooperation in Health Research

Envisages programme of cooperation in specific areas of health research such as oncology, bioinformatics & bioimaging, neurosciences, new generation vaccine research and research in HIV/AIDS.
Dr. V.M. Katoch, Secretary & DG, Indian Council of Medical Research

Vladislav Panchenko,
Chairman, RBFR Board
1.      Commercial Contracts

8.

MoU between TATA Power and Russian Direct Investment Fund (RDIF)
Describes cooperation in exploring investment opportunities in the energy sector across the Russian Federation.
Krishna Kumar Sharma, Executive Director & CEO, Coastal Gujarat Power Limited
Kiril Dmitriev, General Director, RDIF
9.
MoU between ACRON of Russia and NMDC of India (consortium leader) to implement the understanding reached to acquire stake in a potash mine in Russia
Envisages acquisition of stakes by a consortium of Indian companies in a US$ two billion project of ACRON, a Russian fertilizer company.
Narendra Kothari, Chairman & MD, NMDC
Alexander Popov,
Senior Vice President,
ACRON
10.
MoU between VTB (Vneshtorgbank) of Russia and ESSAR Group

Envisages finance arrangement of US$ one billion to ESSAR by VTB for general corporate purpose.
Shashi Ruia, Chairman, ESSAR
Andrey Kostin, Chairman, VTB
11.
MoU between IDFC (Infrastructure Development Finance Corporation Ltd) and RDIF (Russian Direct Investment Fund) on a co-investment opportunity up to US $ one billion.
Describes terms and conditions on creation of a fund for investments in India and Russia.
Dr Rajiv Lall, Executive Chairman, IDFC
Kiril Dmitriev, Chairman, RDIF
12.

MoU between ‘Oil India Limited’ and ‘Zarubezhneft’
Envisages cooperation in joint search and evaluation of new hydrocarbons exploration, production, and transportation projects. Will facilitate technological association on hydrocarbon projects in India.
Sunil K Srivastava, Chairman, OIL
S I Kudryashov, Director General, Zarubezhneft

13.

MoU between FICCI and Delovaya Rossiya
Aims at broadening and strengthening economic ties and identifying new areas of economic cooperation. Will facilitate exchange of information and support to enterprises in both countries.
Sidharth Birla
President, FICCI
Alexey Repik, President, Delovaya Rossiya
14.
MoU between news agencies PTI and TASS


Envisages cooperation on exchange of news and the right to use news items. Aims at exchange of expertise and technical assistance through contacts between editorial staff, experts, journalists, press photographers and senior managers.
Maharaja Krishna Razdan,
Editor-in-Chief of PTI
Sergey Mikhailov, Director General, ITAR-TASS
15.
MoU between Electronics and Software Export promotion Council of India (ESEPCI) and Skolkovo Foundation of Russia
Describes support to companies in the Information Technology and ‘innovation’ sectors in their efforts to enter new markets by means of joint ventures, strategic alliances and in joint research and development.
Deepak Kumar Sareen, Executive Director, ESEPCI

Victor Vekselberg, President, Skolkovo Foundation
16.

MoU between ESSAR and ROSNEFT for long-term supply of crude oil.
Envisages ten year supply and purchase by India of crude oil and feed stocks/products.
Shashi Ruia, Chairman, ESSAR
Igor Sechin, President ROSNEFT
17.
Supplement to the General Framework Agreement (GFA) for Units 3 and 4 of Kudankulam Nuclear Power Project between Nuclear Power Corporation of India Limited (NPCIL) and ATOMSTROYEXPORT (ASE)
Will operationlise the General Framework Agreement (GFA) and Technical Commercial Offer (TCO) signed in April 2014, for the implementation of Kudankulam Nuclear Power project (KKNPP) Units 3 and 4.
Kailash Chandra Purohit, Chairman, NPCIL
Valery Limarenko, President, NIAEP (Company of ATOMSTROYEXPORT)
18.
Contract between Nuclear Power Corporation of India Limited (NPCIL) and ATOMSTROYEXPORT (ASE) for unit 3 and 4 of Kudankulam Nuclear Power Plant.
Will mark the commencing of the implementation of the Units 3 and 4 of Kudankulam Nuclear Power with supply of some major equipment by ATOMSTROYEXPORT.
Roopak Kumar Gargaye, Director(Projects), NPCIL
Andrey Lebedel, Vice President, NIAEP (Company of ATOMSTROYEXPORT)
19.
MoU between Gamesa Wind Turbine Pvt Ltd. of India and ROTEK of Russia.
Will facilitate cooperation between the two companies in wind power equipment.
Ramesh Kaymal, Chief Executive Director, Gamesa Pvt Ltd.
Mikhail Lifshitz, Director General, ROTEK
20
MoU between EIRENE SYSTEMS and GLONASS Union
Envisages a joint venture to market GLONASS technologies and solutions in India. Will contribute to joint development and implementation of projects like ‘Navigation Platform’ and ‘Geographical Information System’ in India.
Subodh Agarwal,
Director,
Eirene Systems Private Limited
Alexander Gurko,
President,
GLONASS Union

***




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