• Monday, August 15, 2022

Business

Hugs As Russian President Putin Clinches India Defence Deal

Hugs As Russian President Putin Clinches India Defence Deal (Photo: YURI KADOBNOV/AFP/Getty Images).

By: Radhakrishna N S

Russia and India’s leaders announced on Friday (5) a raft of deals worth billions of dollars including for a military defence system, as New Delhi walks a tightrope between Moscow and Washington with a wary eye on China. The flagship accord announced during a visit to India by President Vladimir Putin was for the formidable S-400 surface-to-air missile defence system, worth $5.2 billion according to an Indian source. Other agreements -announced following a meeting between Putin and Prime Minister Narendra Modi that began with a hug -were in railways, fertilisers and space, with Russia set to train astronauts for India’s…

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