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Economy

India, Russia conclude negotiations for S-400 Triumf deal

Updated : May 27, 2018 01:18 PM IST

The two countries are now trying to find a way out to evade the provisions of a US law that seeks to punish countries and entities engaged in transactions with the defence or intelligence establishment of Russia.
There has been mounting concerns in India over the US sanctions against Russian defence majors including Rosoboronexport as billions of dollars of military purchases may be impacted because of the punitive measure.
India, Russia conclude negotiations for S-400 Triumf deal
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