India

Putin’s Visit: India And Russia To Sign Defence Deal

By
OB Bureau

New Delhi: The Russian President, Vladimir Putin, is on a two-day visit to India for bilateral talks with Prime Minister Narendra Modi. He met the PM at Hyderabad House in Delhi. Putin will ink a US$ 5 billion deal to procure Moscow’s most advanced air defence system, the S-400 Trumf, risking US sanctions.

Here is all you need to know:

Deputy Prime Minister Yuri Borisov, Foreign Minister Sergey Lavrov and Trade and Industry Minister Denis Manturov are also accompanying the Russian President.

The S-400, on which the bilateral talks will be focussed, is one of the world’s most advanced long-range air defence systems. In 2014, China became the first nation to buy the S-400 missile systems and Russia is in the process of delivering the missiles to Beijing.  Under Countering America’s Adversaries through Sanction Act or CAATSA, the US imposes sanctions on any country that has significant transactions with Iran, North Korea or Russia.

Putin and Modi will also discuss important global as well as regional issues including US sanctions on the import of Iranian crude oil. It was also quoted by Russian media that the two countries are planning to sign over 20 documents.

Putin is also scheduled to meet President Ram Nath Kovind today.

India is planning to acquire 4 Krivak-class frigates from Russia, two of which will be built in India. Two ships will be built at the Goa shipyard and two others will be acquired from Russia under the US$ 2.5 billion deal.

This is Modi and Putin’s third meeting this year after the informal meeting in the Russian resort city of Sochi in May and bilateral talks on the sidelines of the BRICS Summit in South Africa.

OB Bureau

Recent Posts

After Breakup, Malaika Arora’s Relationship Status Is ‘Hehehe’

Mumbai: After beau Arjun Kapoor declared publicly that he is not dating anyone right now,…

November 25, 2024

Amid Aishwarya & Abhishek’s Divorce Rumours, Shweta Gifts Flowers To Ash’s Sister-In-Law

Mumbai: Even though Aishwarya Rai and Abhishek Bachchan have maintained a dignified silence over their…

November 25, 2024

Siddhant Das To Step Down As Chairman Of Odisha Real Estate Regulatory Authority

Bhubaneswar: Siddhant Das has sought to step down as Chairman of Odisha Real Estate Regulatory…

November 25, 2024

ISL: Odisha FC Hammer Hyderabad 6-0, Biggest Win Of The Season

Hyderabad: Odisha FC went on a scoring spree at the Gachibowli Stadium as they humbled hosts…

November 25, 2024

Anurag Kashyap’s ‘Debut’ Film ‘Paanch’ To Be Released After 22 Years!

Mumbai: Filmmaker Anurag Kashyap’s directorial debut ‘Paanch’ is finally going to see the light of…

November 25, 2024

Taapsee Pannu Wants To Work With Big Heroes For This Reason

Mumbai: Actress Taapsee Pannu, who has shared screen space with very few A-listers, has now…

November 25, 2024

Vigilance Arrests Forester & ‘Gaon Sathi’ For Misappropriation Of Rs 10 Lakh Govt Funds In Odisha’s Koraput

Bhubaneswar: Vigilance has arrested a Forester and a Gaon Sathi (village mate) for alleged misappropriation…

November 25, 2024

IPL Auction: Vaibhav Suryavanshi Becomes A Crorepati At 13! Bhuvi Bags Rs 10.75 Cr

Mumbai: Ten days ago, Vaibhav Suryavanshi made headlines after becoming the youngest cricketer to make…

November 25, 2024