link : U.S. Threatens India With Sanctions Over Russian Arms Sales To India
U.S. Threatens India With Sanctions Over Russian Arms Sales To India
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi attend a meeting on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Samarkand, Uzbekistan September 16, 2022. (File photo: Reuters)
Bloomberg: Russian arms sales to India stall due to fears over US sanctions
NEW DELHI: Russian deliveries of military supplies to India have ground to a halt as the countries struggle to find a payment mechanism that doesn’t violate US sanctions, according to Indian officials with knowledge of the matter.
Indian payments for weapons amounting to more than $2 billion have been stuck for about a year, and Russia has stopped supplying credit for a pipeline of about $10 billion worth of spare parts as well as two S-400 missile-defense system batteries that have yet to be delivered, according to the officials, who asked not to be identified due to the sensitivity of the issue.
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WNU Editor: A prediction. The U.S. will soon be telling India to stop doing this .... Russian Oil Is Welcome in India as Trade Booms, New Refiner Says (Bloomberg).
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