US media published information that, India has decided to protect themselves against a possible US sanctions action of so-called package CAATSA. We are talking about sanctions measures for military and military-technical cooperation with Russia. reported, that transactions in the field of military-technical cooperation between New Delhi and Moscow are concluded on the basis of mutual settlements in national currencies: rupee ruble.
At the same time, information was confirmed that, that Russia and India signed a contract for the supply of two project frigates for the Indian Navy 11356. The day before, we posted a news item on our website., that the signing of the contract is in progress. We are talking about the frigates of the project "Petrel" (in NATO classification – Krivak III). Contract amount – 0,95 billion in dollar terms.
At the same time announced, that India has contracted Russian frigates under construction at the Yantar plant with Ukrainian gas turbine engines. Anti-ship Russian-Indian BrahMos missiles will be installed on warships, Indian radars, sonar and communication systems.
India's original letter of intent to buy 4 a frigate of this class in Russia was concluded about 2 years ago. Then it was only supposed, what India will pay not in dollars, and the national currency. Now this information is confirmed. It is emphasized that, that the transaction by such parameters does not fall under the jurisdiction of American financial institutions, and therefore, cannot fall under the package of sanctions, which was previously approved in the US.
