Russia and India are about to sign a $ 6 billion worth deal on S-400 air defense systems delivery, Russian news agency RBC reported on May 29 quoting own sources.
RBC sources claimed that “5 regiments” could be delivered to India.
A source from the Russian Ministry of Defense told RBC that four S-400 regiments and an additional regiment with ammunition and repair parts could be delivered.
According to RBC sources, India and Russia signed a memorandum of understanding on May 28. The total value of the contract will be $6,2 billion.
A source from the Indian side acknowledged with a course of the talks reported that the deal is at the final point. According to the source, the only problem of the deal is a risk for India to be slapped with US sanctions. The source pointed out that India is negotiating with the US over this issue.
On August 2, 2017 US President Trump signed a federal law “Countering America’s Adversaries Through Sanctions Act”, imposing sanctions on Iran, Russia, North Korea. According to it, countries dealing with Russia in the defend industry could be punished by sanctions.
The Russian Federal Service for Military-Technical Cooperation pointed out that “negotiations are continuing”, answering RBC’s request to confirm the information.
“The negotiations for the missile deal have been concluded. The financial component has been finalised,” Indian newspaper PTI reported quoting a top Indian official “involved in the negotiations.”
Chair of the US House Armed Services Committee Mac Thornberry said that Washington is disappointed with India’s new military acquisition from Russia. However, he stressed that sanctions against India are unlikely now, Indian NDTV reported.
“The acquisition of this technology will limit, I am afraid, the degree with which the United States will feel comfortable in bringing additional technology into whatever country we are talking about,” Thornberry said in an interview to NDTV.