Mumbai : India has signed a new contract with Russia of about 5.43 billion to purchase five advanced S-400 surface-to-air missile systems from Russia, defying threats of potential sanctions from Washington.
This is an advanced air defense system which can be used to defend against different kinds of cruise and ballistic missiles. China was the first foreign nation to purchase S-400 systems.
The deal is signed by PM Narendra Modi and Russian President Vladimir Putin in a Summit in New Delhi. With its S-400 purchase, India now risks being sanctioned under Washington’s Countering America’s Adversaries Through Sanctions Act (CAATSA), which targets countries that purchase arms from Russia.
In an media conference, Putin said that Russia is willing to work with India. to boost bilateral cooperation in the United Nations, Shanghai Cooperation Organization (SCO) and G20. The Russian leader also said both nations would coordinate counter-terrorism efforts. Modi noted that both countries support a multipolar world.
Both have also signed a deal regarding space cooperation. Modi said during the joint press conference that he hoped Russia would help India develop its space program. The Indian leader recently announced that he aims to send astronauts into space by 2022.
Also Putin in a conference, mentioned to have conducted a discussion with Modi on security issues including counter-terrorism efforts in Syria, as well as the status of the Iran nuclear deal.
Modi hailed his country’s close ties to Moscow, saying that Russia has always “stood shoulder-to-shoulder with India in the energy sector and our goals.”