News: The United States will not change its position on putting sanctions against India under Countering America’s Adversaries Through Sanctions Act(CAATSA) for buying fighter jets from Russia. Facts: CAATSA: It is a US federal law enacted in 2017 to impose sanctions on Iran, North Korea and Russia. The Act empowers the US President to impose… Continue reading U.S. position on CAATSA unchanged despite China’s actions in neighbourhood
Tag: CAATSA
After India-Russia missile deal, U.S. warns allies of sanctions risk
News:United States has warned allies to forgo transactions with Russia as this may risk triggering sanctions under CAATSA act. Facts: Background: India and Russia have concluded the deal for five S-400 ‘Triumf’ missile systems. However,the U.S. has warned that the deal would invoke sanctions under the Countering America’s Adversaries Through Sanctions Act (CAATSA). About Countering… Continue reading After India-Russia missile deal, U.S. warns allies of sanctions risk
India, Russia seek to skirt US sanctions threat to arms deals
Russia and India have agreed on a new mechanism which will allow payments for multi-billion dollar defence deals to be made using their own national currencies. This mechanism was established after Indian banks with exposure to the US had suspended payments and instalments to Russia to avoid the threat of punitive sanctions under Countering America’s… Continue reading India, Russia seek to skirt US sanctions threat to arms deals
U.S. reiterates threat of sanctions over Triumf deal
An US official has said that India should not assume that it will get a waiver from U.S. sanctions if it goes ahead with its purchase of the S-400 Triumf missile system from Russia. Further, Indo-U.S. defence relationship might also get affected. India’s planned defence procurement of S-400 Triumf missile system from Russia could potentially… Continue reading U.S. reiterates threat of sanctions over Triumf deal
No pressure on India to buy F-16 fighters from U.S.: Envoy
No pressure on India to buy F-16 fighters from U.S.: Envoy News: A senior U.S. diplomat has stated that US in not going to put pressure on India to buy its F-16 fighter jets. Important Facts: 2. About F-16 fighter jets: The F-16 Fighting Falcon, manufactured by Lockheed Martin ( American global aerospace, defense, security… Continue reading No pressure on India to buy F-16 fighters from U.S.: Envoy
