Russia sanctions may hit Indo-US ‘2+2’ talks

The Times of India: Indrani Bagchi: May 30, 2018
NEW DELHI: As India and US get ready for a ‘2+2’ dialogue in early July between the foreign and defence ministers, US’ linkage of sanctions on Russia + with India may bring the two countries to a very uncomfortable place, making the first high-level interaction potentially difficult. Sushma Swaraj and Nirmala Sitharaman are expected to travel to Washington for the first such dialogue, which has been postponed a couple of times.



While India can hope to negotiate + a carve-out for Chahbahar port in forthcoming Iran sanctions, using the precedent of the previous sanctions regime, the extreme nature of the CAATSA sanctions regime would make it impossible for India to follow. Recent reports said India and Russia had completed price negotiations for the Rs 40,000 crore S-400 Triumf anti-missile defense system, and were likely to announce it before the official summit in October.



But for the deal to go through may require finding a way around CAATSA (Countering America’s Adversaries Through Sanctions Act) which mandates the Trump administration to punish entities engaging in a significant transaction with the defence or intelligence sectors of Russia. As per Indian officials, the sanctions regime could kick in on any defence buys above $15 million, which is really small change in defence transactions.


 Link: https://timesofindia.indiatimes.com/india/russia-sanctions-may-hit-indo-us-22-talks/articleshow/64376390.cms?utm_source=toiandroidapp&utm_medium=Whatsapp&utm_campaign=show

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