World Politics

India likely to get waiver from US sanctions; for Russian defence purchases

sanctions would get attracted from the Countering America's Adversaries Through Sanctions Act (CAATSA)

US Defence Agency Pentagon has expressed deep concern over the possible implications of Russian sanctions on India Russia defence ties.

This comes as India is close to sealing the deal on state of art S-400 missile defence system and this might bring it under the sanctions regime.

The sanctions would get attracted from the Countering America’s Adversaries Through Sanctions Act (CAATSA).

The Pentagon noted that provisions in CAATSA mandates secondary sanctions on those who conduct significant transactions with the Russian defence and intelligence sectors.

India is expected to sign the deal for whopping USD 4.5 billion.

The air defence system includes radar, missile launchers and command center technology.

Referring to the growth in India US bilateral defence trade from almost zero to USD 15 billion, the US officials feel that there is still tremendous growth potential for the bilateral ties.

It was thus suggested that Congress should provide India a sanctions waiver or consider a larger legislative fix that allows important US allies like India to be exempted.

Summary
Review Date
Reviewed Item
India likely to get waiver from US sanctions; for Russian defence purchases
Author Rating
51star1star1star1star1star
Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.