New Delhi: Prime Minister Narendra Modi and Russian President Vladimir Putin, who arrived in New Delhi for a two-day visit on Thursday, are expected sign the over Rs-40,000 crore S-400 defence system deal on Friday. The deal – aimed at tightening India’s air defence mechanism, particularly along the nearly 4,000-km-long Sino-India border – is expected to be signed during the bilateral meeting between the two leaders that is scheduled around 11 AM at Hyderabad House in the national capital. Stay with India.com for LIVE updates on Putin visit to India.
Furthermore, the two leaders, during the 19th India-Russia annual summit, are also expected to sign 20 other pacts in key sectors. The agreements to be signed are likely to boost cooperation in keys sectors such as defence, space, trade, energy and tourism, among others.
However, the spotlight is the S-400 missile defence system deal. If signed, the deal would violate US sanctions under the Countering America’s Adversaries Through Sanctions Act (CAATSA) instituted by the US Congress on arms purchases from Russia.
Putin Visit to India Day 2 Schedule:
11:00 AM: Putin will meet PM Modi at Hyderabad House.
11:30 AM: The two leaders will hold delegation level talks.
13:30 PM: India and Russia will exchange of agreements that will be followed by releasing of press statements. The event will be held at Hyderabad House.
14:30 PM: Putin will interact with a group of talented children at Central Garden, ITC Maurya.
15:30 PM: The leaders will address India-Russia Business Summit at Kamal Mahal, ITC Maurya.
16:30 PM: Russian President will meet President Ram Nath Kovind at Rashtrapati Bhawan.
Putin arrived in India on Thursday for the annual summit with PM Modi. He was received by External Affairs Minister Sushma Swaraj on his arrival after which the Russian leader went straight to Prime Minister’s official Lok Kalyan Marg residence where the two leaders had a one-on-one meeting. Later, PM Modi hosted a private dinner for the visiting dignitary.
The Russian President is accompanied by a high-level delegation comprising Deputy Prime Minister Yuri Borisov, Foreign Minister Sergey Lavrov and Trade and Industry Minister Denis Manturov among others during his two-day visit.
The S-400 is known as Russia’s most advanced long-range surface-to-air missile defence system. It is an upgraded version of the S-300 systems. The missile system, manufactured by Almaz-Antey, has been in service in Russia since 2007. The country has been one of India’s key suppliers of arms and ammunition.