ibusinesslines.com
ibusinesslines.com October 23, 2018


India quietly seals missile deal with Russian Federation despite United States warning

06 October 2018, 01:19 | Erica Roy

Novichok Victim Sergei Skripal Branded 'Scumbag' Traitor By Vladimir Putin

PM Modi Russian President Vladimir Putin sign deal for supply of S-400 missiles to India

Russian Federation remains India's top weapons supplier, and the United States is number two.

India's Oil and Natural Gas Corporation (ONGC) Videsh (International), which is tasked for oil and gas exploration overseas, is raising stakes in Russia's far east. "Russia has always been with us in the development journey of India".

"Our countries have mutual benefits in supporting struggle against terrorism, Afghanistan and Indo-Pacific events, climate change, organisations like SCO, BRICS, G20 and ASEAN". He added that the two would continue cooperation at global groups such as the Shanghai Cooperation Organisation, BRICS, G-20 and the Association of South East Asian Nations. "It was used before also when sanctions were in place" said Slepnev.

India has also developed closer defence ties to the U.S.in recent years with joint military drills and defence sales. However, the USA is in a hard position when it comes to India. The two countries set a target of $30 billion bilateral trade by 2025, and Mr. Putin invited Mr. Modi to Vladivostok for the economic forum in September 2019. Last month the two countries signed a major military accord which will allow India to receive state-of-the-art communications equipment from the U.S.

President Vladimir Putin sought Friday, October 5, to nail down billions of dollars worth of arms deals with India, as New Delhi walks a tightrope between Moscow and Washington with a wary eye on China.


The S-400 surface-to-air missile system is capable of tracking and taking down aircraft hundreds of miles away, and India believes it needs it to defend the country against not only China but also Pakistan. It can be deployed within five minutes, and is capable of firing three types of missiles to create a layered defence, according to News18. The S-400 deliveries are expected to begin in two years. If India successfully launches the Gaganyaan mission, it will be the fourth nation to do so after the United States, Russia and China.

The S-400 is also armed with an improved variant of the 48N6E2 with an alleged range of 250 kilometers (160 miles). The missile system, manufactured by Almaz-Antey, has been in service in Russian Federation since 2007.

"The sides welcomed the conclusion of the contract for the supply of the S-400 long-range surface-to-air missile system to India", a joint Indian-Russian statement said.

In Washington, a State Department Spokesperson had said on Wednesday "We urge all of our allies and partners to forgo transactions with Russian Federation that would trigger sanctions under CAATSA", when asked about India's plan to purchase multi-billion S-400 missile defense system from Russian Federation. Reportedly, there is a trade deal in motion between the two countries which India has initiated.



Other News

Trending Now

New Opportunities: Invest in Moscow
The city also focuses on developing specific territories and infrastructure for business to allocate their offices and production. Environment, infrastructure and resource must meet today’s needs and requirements and comply with international standards.

Millions of potentially faulty hybrid vehicles — Toyota recall
The company says the issue differs from problems with the Prius fail-safe mode that were addressed in the 2014 and 2015 recalls. Those problems were also fixed by software updates to vehicles' motor electronic control units (ECUs) and hybrid drive ECUs.

Seyfeddin Roustamov: "One of Our Key Objectives Is to Become No 1 in the European Synthetic Resins Market"
In the meantime we constantly look at distribution opportunities and build contacts with a number of US consumers. The Metafrax Company is the largest producer of methanol, formaldehyde and synthetic resins in Russia and Europe.

Ex-rap mogul Marion 'Suge' Knight sentenced to 28 years in prison
According to TMZ, Suge Knight has struck a plea deal in the murder case of Terry Carter this afternoon (September 20). Dre and rapper the D.O.C. founded Death Row Records in the immediate aftermath of the break-up of N.W.A.

Kim Kardashian Apologizes For Encouraging 'Insensitive' Eating Comments
And now Kim has apologised for her positive reaction to the comments on Ashley Graham's podcast, Pretty Big Deal . Kim had posted a series of controversial videos celebrating her weight loss.

About 37 Percent Of Americans Eat Fast Food Every Day
We do know that parents take their children, they say, because it's convenient, it's a good value, and their kids like the food. A new study has revealed something that shouldn't come as a shock to too many people - Americans love their fast food.

First moon outside our solar system discovered, astronomers think
The research team used the telescope to find small dips in the light of the star orbited by Kepler-1625b and its moon. Astronomers have announced the possible discovery of the first known moon outside our Solar System.