Russia Expects India’s Advance Payment for S-400 by End of 2019

“The [payment] scheme has been agreed, and I hope that the first payment will soon be transferred by the Indian side”, Drozhzhov said. “I think that by the end of 2020 – the beginning of 2021 the first system should be delivered. After the first set, the systems will be delivered under a certain schedule over the next few years, that is, India should get all the systems by2024-2025”, he explained. In early October 2018, Moscow and New Delhi concluded a contract on the deliveries of Russia’s S-400 missile systems to India worth over $5 billion. The deal was signed during Russian President Vladimir Putin’s two-day visit to India. Previously, the US State Department gave India a subtle warning that buying weapons from Russia – in particular, S-400 missile defence systems – could compromise further arms deals between New Delhi and Washington, leading to the sanctions against India in line with Countering America’s Adversaries Through Sanctions Act (CAATSA). The S-400 is an advanced mobile air defence missile system which can carry three different types of missiles capable of destroying a variety of aerial targets at a short-to-extremely-long range, from reconnaissance aircraft to ballistic missiles. Joint Construction of Submarines According to… Read full this story

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