ZHUHAI, November 11. /TASS/. Russian-Indian aircraft cooperation develops towards joint projects, president of Russia’s United Aircraft Building Corporation Mikhail Pogosyan said on Tuesday.

“The projects of a fifth generation fighter jet and a military transport plane reflect our strategy on creating present-day high-tech products in cooperation with our partners,” Pogosyan said.

Under these two programs, a preliminary stage for formulating requirements towards jets and designing its image is completed to start major design works. “Both programs are considered priority for cooperation with India,” he said.

It is rather difficult to determine the completion date. “There are several issues related to the organization of the work, the terms, the cost and technical details. This requires certain time and the corresponding coordination procedure at the level of governments of both countries,” Pogosyan said.

He noted the success of licensed production of the Su-30MKI in India. “In general, the program of licensed production of the aircraft develops successfully,” Pogosyan said.

The Chinese city of Zhuhai, Guangdong Province, hosts a major international air show China 2014. More than 700 companies, 45% of which are foreign are participating in the air show. More than 120 jets and helicopters are put on display at static exposition. Russia presents around 300 exhibits of military products, including 21 life-size models.

The international air show is held once in two years since 1996. This year the air show will close on November 16.