World

Arms deal expected as Putin visits India

Arms deal expected as Putin visits India

China has 1,700 fighters, including 800 4-Gen jets.

The S-400 Triumf - an upgraded version of the S-300 systems - is an air defence system that can shoot out enemy aircraft from the surface. The S-400 systems' deliveries to India will begin in the next two years.

After summit talks between Putin and Modi, the two countries signed eight agreements covering space, nuclear energy and railways at a televised news conference.

Neither Modi nor Putin mentioned the deal in their statements to the media.

Russian Federation is a major energy partner of India, he said, adding there is a need to increase cooperation in new and renewable energy also.

"The deal was signed on the fringes of the summit", Kremlin spokesman Dmitry Peskov told Reuters.

The S-400 is an upgraded version of the S-300 systems, which has been in service in Russian Federation since 2007.

India has signaled it will ask Washington for a special waiver from sanctions, though a USA official last week said there is no guarantee it would do so.




Modi said that India gives priority to its relations with Russian Federation. India depended on Russian Federation for political support as well as billions of dollars in military hardware.

The two countries are set to sign a Memorandum of Understanding (MoU) that will facilitate collaboration in the field of science and technology between India's Atal Innovation Mission and Russia's Creative School, SIRIUS. The United States is now the second-biggest supplier of arms to India: it sells 15 percent of such imports, up from next to nothing only a decade ago. India places top priority on ties with Russian Federation.

Listing vast business opportunities in India, he said India is modernising its ports under Sagarmala project, building metro rail projects in 50 cities, expanding rail and road network and modernising airports. "Our countries have mutual benefits in supporting the struggle against terrorism, Afghanistan and Indo-Pacific events, climate change at organisations like SCO, BRICS, G20 and ASEAN". He added that the two would continue cooperation at worldwide groups such as the Shanghai Cooperation Organisation, BRICS, G-20 and the Association of South East Asian Nations.

Stating that the intent to slap sanctions on Russian Federation was to impose costs for its "malign behaviour", the U.S. also made it clear that any waiver will be considered on a transaction-by-transaction basis, adding it can not prejudge any sanctions decisions.

"There was a discussion with President Putin on how we implemented the GST". The arms purchase is not the only area of friction: the United States is also pushing India to reduce or eliminate its purchase of Iranian oil before it reimposes sanctions on Tehran next month.

Welcoming Indian firms to invest in Russia, Putin said the two nations share longstanding ties. He also invited Modi to Vladivostok as the main guest of the Economic Forum in September 2019.

PM Modi received Putin at the Hyderabad House and the two leaders warmly shook hands and hugged each other obliging cameramen. "We can not prejudge any sanctions decisions".


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