1. U.S. sanctions on Russia and its impact on India
- Author:
- Amit Bhandari and Chaitanya Giri
- Publication Date:
- 01-2018
- Content Type:
- Special Report
- Institution:
- Gateway House: Indian Council on Global Relations
- Abstract:
- President Vladimir Putin is in India on a two-day state visit to India, his third trip to India during Prime Minister Modi’s term. A key agreement that has just been signed is the $5 billion deal for the S-400 air defence system. However, U.S. sanctions on Russia’s top defence manufacturers will be a hurdle in closing this agreement, making payments to Russia difficult and scaring away potential Indian partners, especially those with investments in the West. Gateway House looks at India’s options for successfully concluding this agreement without falling foul of American sanctions
- Topic:
- International Relations and Sanctions
- Political Geography:
- Russia and India