ibusinesslines.com December 16, 2018

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

06 October 2018, 01:19 | Erica Roy

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

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

Brighton boss Chris Hughton praises 'brave' centre-halves after West Ham win
West Ham's resurgent form came to an end on Friday, as Glenn Murray struck to give Brighton and Hove Albion all three points. Brighton won both Premier League games between the two sides last season, scoring six goals across the pair of contests.

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.

Pompeo backs away from denuclearization goal for North Korea
Nauert said the stops in Japan, South Korea and China were meant to brief counterparts on the Pyongyang talks. On Pompeo's third visit in July, Kim stood him up and his regime issued a sharply critical statement.

Secret Service says a suspicious envelope was sent to Trump
The Secret Service spokesman said the agency is working with law enforcement partners to determine who sent the envelopes. Ricin , a lethal poison produced naturally in castor beans, has no known antidote and can not be quickly detected.

Democrat Manchin says he’ll vote to confirm Kavanaugh
Ford's goal here was never to impact the process to derail a nomination", attorney Lisa Banks said on All Things Considered . He's is up for re-election in a very red state, West Virginia. "I don't l know what her reasons are voting the way she is".

5 things to watch for in Friday's monthly United States jobs report
The annual rise in wages fell to 2.8 percent from 2.9 percent in August, which was the biggest advance in more than nine years. The unemployment rate has dropped to 3.7 percent , reaching the lowest level since December 1969, as the economy steams ahead.

Senate Set to Close Debate on Kavanaugh Supreme Court Nomination
But he told an audience of retirees in Boca Raton, Florida, he does not think Kavanaugh has the right temperament for the job. Collins is among the few wavering senators who could decide whether Kavanaugh is confirmed for a seat on the high court.