Russia and India sign contract for supply of S-400 missile systems
During his visit to India, Russian President Vladimir Putin signed a contract with the Prime Minister of India Narendra Modi for the supply of anti-aircraft missile system S-400, reports Interfax with reference to the press secretary of the Russian President Dmitry Peskov.
According to Interfax, Russia will supply five squadrons of S-400 missiles systems. The amount of the transaction exceeds $5 billion.
Earlier, the Russian Minister of Industry and Trade of Russia Denis Manturov, in an interview with the news agency Russia Today, spoke about pressure on India because of the purchase of S-400 systems.
At the end of July, Reuters reported that the USA opened the way for India to avoid sanctions for purchasing Russian military industrial products.
On June 11, the US Treasury imposed sanctions against three Russian citizens and five companies. The sanctions list included Petersburg companies Digital Security and DiveTechnoService, and Federal State Unitary Enterprise Research and Development Institution Kvant. DiveTechnoService owner Vladimir Kagansky, its Director General, Aleksandr Trubin and manager Oleg Chirikov were all sanctioned.
The Countering America's Adversaries through Sanctions Act was signed by US President Donald Trump on August 2, 2017. It will tighten sanctions against Russia, Iran and the Democratic People’s Republic of Korea.