December 2011
The Prime Minister of India visited Russia on 15-17 December 2011 to participate into the Indo-Russian annual summit. India and Russia signed five major agreements during this summit, which includes licensed production of an additional 42 Sukhoi combat planes and to manage fly ash residue at thermal plants in Siberia. India and Russia also signed an educational exchange programme to share experiences in the field of pedagogy. India and Russia decided to commemorate the 65th anniversary of establishment of diplomatic relations between India and Russia in 2012.
India and Australia on 16 December 2011 signed an agreement to amend DTAA (Double Taxation Avoidance Agreement) with the objective of ensuring more effective exchange of financial information between the two countries. DTAA was signed between India and Australia in 1991. The revised tax agreement will facilitate the exchange of information on banking related information and taxation policies. The revised agreement also has a provision that India and Australia can assist each other in the collection of revenue claims.
The 194-member countries attended the UN COP17 Climate Summit held in Durban in South Africa. On behalf of India Union Minister for Environment Jayanti Natarajan attended the summit.
India and Russia signed agreement in Moscow for cooperation in the area of warplanes.