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Negotiations with India on the price of the S-400 completed

Moscow and New Delhi have agreed on the price of Russian S-400 "Triumph", According to Indian newspaper The Economic Times.

Переговоры с Индией о цене на С-400 завершены

As the newspaper writes, referring to a military source, The deal amounted to about $5,9 billion. (400 billion. rupees).

Author notes, that now the parties are trying to find ways to circumvent the provisions of US law on sanctions (CAATSA), which prohibits foreign companies (on pain of introducing restrictions against them) to cooperate with the Russian defense and intelligence agencies of the Russian Federation.

According to the newspaper, This issue was also discussed last week during an informal conversation between Vladimir Putin and Narendra Modi.

Expected, that the signing of the contract will be announced in October this year. S-400 are needed in India, to strengthen the country's defense mechanism, especially along the 400-km Sino-Indian border, says the publication.

Earlier, the US Congress declared, that Washington was disappointed by the decision of New Delhi to buy Russia's S-400, However, the imposition of sanctions against India at this stage it is too early to talk.

The newspaper recalls, China became the first foreign power, concluded an agreement on the purchase of S-400. And now Moscow has already started shipping Beijing missiles, the number of which is not disclosed.

At present, Russia and India - major partners in the field of military cooperation: more than 70 percent of the art, standing on the arms of the Indian armed forces - Soviet and Russian manufacture. Every year Moscow supplies New Delhi weapons worth billions of dollars.

                          
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