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India, Russia team up to overcome US sanctions on defense deals

“India and Russia have pledged to jointly create a plan to resolve U.S. sanctions on Russia that is hampering defense deals between New Delhi and Moscow.

Indian Prime Minister Narendra Modi and Russian President Vladimir Putin decided to formulate the plan during a May 21 informal summit in the Russian city Sochi.

The U.S. law, Countering America’s Adversaries Through Sanctions Act, or CAATSA, is negatively affecting defense business with Russia, according to an official with the Indian Ministry of Defence, who spoke on condition of anonymity.”

Source: India, Russia team up to overcome US sanctions on defense deals

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