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India to sign S 400 deal on Putin’s visit later this week

deal is close to five billion dollar worth, as per sources

It is now near certain that India will sign on the dotted lines to acquire the state of the art S-400 surface-to-air missile system.

The signing of the deal will be done during the Russian President Vladimir Putin’s New Delhi visit later this week.

The deal is close to five billion dollar worth, as per sources.

Though the deal had been ongoing for quite some time now, the American sanctions had put all the more suspense as to whether India will go ahead and honour its decision.

But now the Putin’s top foreign policy aide Yury Ushakov has confirmed that the key feature of President’s visit will be the signing of the agreement to deliver S-400 air defence systems.

The confirmation over the mega deal comes just a couple of days after Defence Minister Nirmala Sitharaman negotiations between the two countries were in the last stage.

India wants to procure the long-range missile systems to tighten its air defence mechanism, particularly along the nearly 4,000-km-long China-India border.

S-400 is known as Russia’s most advanced long-range surface-to-air missile defence system.

There has been mounting concerns in India over the US sanctions against Russian defence majors including Rosoboronexport as billions of dollars of military purchases may be impacted because of the punitive measure.

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India to sign S 400 deal on Putin's visit later this week
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