PTI File Photo PTI 2020-12-21T20:14:11+05:30 Defence Ties With India Progressing Well Despite Threat Of Sanctions: Russia outlookindia.com 2020-12-21T20:17:31+05:30
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Russia on Monday said implementation of its ongoing defence deals with India including the supply of a batch of S-400 missile systems is advancing well, despite the threat of US sanctions.
Russian ambassador Nikolay Kudashev, at a press conference, appeared to criticise the US sanctions on Turkey for procuring the S-400 missile systems under a USD 2.5 billion deal, saying Moscow does not recognise such unilateral actions. We do not recognise or welcome unilateral sanctions as a language or tool or instrument of interstate or international relations, other than those applied by the UN Security Council, this is also the case of Turkey,” he said.
We don t recognise unilateral sanctions; defence ties with India advancing well: Russia
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Russian Deputy Chief of the mission Roman Babushkin said the US is using the sanction regime on arms purchases from Russia as illegal tools .
The envoy said India-Russia ties have become an integral part of the development strategies of the two nations.
NEW DELHI: Russian ambassador to India Nikolay Kudashev on Monday put to rest any speculations over impact of US threats of sanctions and emphasised that Delhi and Moscow are advancing well with all current defence deals including the supplies of S-400.
“As far as current deals are concerned, we are advancing well, including with S-400 supplies,” Kudashev told a select group of media. While sanctioning Turkey over purchase of S-400 systems, the US had cautioned its other partners of similar actions.
Don t Recognise Unilateral Sanctions; Defence Ties With India Advancing: Russia Don t Recognise Unilateral Sanctions; Defence Ties With India Advancing: Russia Russian ambassador Nikolay Kudashev, at a press conference, appeared to criticise the US sanctions on Turkey for procuring the S-400 missile systems
The S-400 is known as Russia s most advanced long-range surface-to-air missile defence system (File)
Moscow:
Russia on Monday said implementation of its ongoing defence deals with India including the supply of a batch of S-400 missile systems is advancing well notwithstanding the threat of US sanctions.
Russian ambassador Nikolay Kudashev, at a press conference, appeared to criticise the US sanctions on Turkey for procuring the S-400 missile systems under a 2.5 billion dollars deal, saying Moscow does not recognise such unilateral actions.
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Nifty, Sensex Nearly Flat As Financials Weigh
The blue-chip NSE Nifty 50 index was up 0.11% at 13,756.25 by 0348 GMT, while the benchmark S&P BSE Sensex rose 0.11% at 46,939.75.
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Indian shares were little changed on Friday after scaling record highs in 18 of the past 27 sessions, as gains in technology stocks offset losses in financials.
The blue-chip NSE Nifty 50 index was up 0.11% at 13,756.25 by 0348 GMT, while the benchmark S&P BSE Sensex rose 0.11% at 46,939.75. Both indexes are on track for a seventh straight week of gains, a streak not seen since April last year.
As the end of the year approaches, global markets have been swinging between broader optimism about COVID-19 vaccines and a global economic recovery and concerns about still rising infections.