Russia-India missile deal: Forgo transactions or face sanctions, warns US

Russia-India missile deal: Forgo transactions or face sanctions, warns US

Russian President Vladimir Putin will arrive in New Delhi on Thursday to attend the 19th India-Russia bilateral annual summit, scheduled to begin the following day.

"Next on the itinerary is the signing of bilateral documents, and there are many of them in the portfolio", he said.

Putin is visiting India on October 4-5 at the invitation of Prime Minister Narendra Modi.

Russian President Vladimir Putin attends a meeting at the Novo-Ogaryovo residence outside Moscow, Russia, Monday, Oct. 1, 2018.

Russian Federation said in April it expected to sign a deal with India this year on the sale of the S-400.

India will press ahead with the purchase of advanced air defence systems from Russian Federation despite a warning from the Pentagon that it could face sanctions from the United States.

Upgrades in arms systems "including the S-400 air and missile defense system" would be a particular focus for CAATSA, a US State Department spokesperson was quoted as saying by India's PTI news agency.

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Indian analysts say that the looming threat of U.S. sanctions for purchasing new Russian military equipment is viewed as a problem that can not be solved by caving in to United States demands, but rather by finding ways to avoid using the USA dollar as a means of payment. Congress enacted legislation this year that would allow the president to waive the sanctions for countries that are developing defense relationships with Washington.

According to the Ushakov, 'The key feature of the Russian president's visit to India will be the signing of the agreement to deliver S-400 air defence systems.

Russia's cooperation with the Organization of Petroleum Exporting Countries successfully restored the oil market to balance and a good price range of US$65 to US$75 a barrel, Putin said.

The US pressure on India (as well as on China, on Turkey and on other countries with a desire to buy Russian weapons) has at least two aspects.

These issues, according to Putin, include the expectation of new USA sanctions against Iran and a decline in production in North Africa and Venezuela. This will be followed by delegation-level talks, where the leaders will discuss, trade, economic, energy, people-to-people issues.

Even as India is trying to stabilise its defence ties with Russian Federation, there are growing concerns in New Delhi about Russia's increasing tilt towards Pakistan as it seeks to curry favour with China.

"The two leaders share lot of chemistry, that was evident when Putin - impromptu - chose to come to the Sochi airport to see off Modi", a source said.