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'India will soon find out': Trump gives ominous response to mega defence deal with Russia

12:12 PM | 11 Oct, 2018
'India will soon find out': Trump gives ominous response to mega defence deal with Russia
WASHINGTON - In his maiden reaction to a mega defence deal between India and Russian despite warning of sanctions, US President Donald has said that New Delhi would soon find out about his decision.

Addressing a press conference, Trump was asked for a response over the $4.5 billion deal for the S-4000 missile system. The president said he would announce soon if will or will not exempt India's purchase from secondary sanction under a law that seeks primarily to punish Moscow for occupying Crimea and allegedly meddling in American elections in 2016, Hindustan Times reported.

“India is going to find out, aren’t they?” Trump said ominously. Responding to another question about the timing of his decision, the president replied: "Sonner than you think.

Trump did not say he will waive sanctions as has been asked by India.

https://en.dailypakistan.com.pk/world/india-signs-s-400-defence-deal-with-russia-defying-washington-sanctions/

Delh-Moscow Deal


A contract for the delivery of five S-400 systems, one of Russia’s most advanced anti-aircraft weapons, has been signed between Moscow and New Delhi, the Kremlin confirmed last week.

India signed a $5.43 billion deal to purchase five advanced S-400 surface-to-air missile systems from Russia, defying threats of potential sanctions from Washington.

The deal was finalized after Indian Prime Minister Narendra Modi concluded a summit with Russian President Vladimir Putin in New Delhi.

The advanced air defense system can defend against different kinds of a cruise and ballistic missiles. China was the first foreign nation to purchase S-400 systems.

During a joint media conference after their meeting, Putin said that Russia would work with India to boost bilateral cooperation in the United Nations, Shanghai Cooperation Organization (SCO) and G20.

The Russian leader also said both nations would coordinate counter-terrorism efforts. Modi noted that both countries support a multipolar world.

The two leaders also signed a deal on space cooperation. Modi said during the joint press conference that he hoped Russia would help India develop its space program. The Indian leader recently announced that he aims to send astronauts into space by 2022.

Putin stated during the press conference that they had discussed regional security issues, including counter-terrorism efforts in Syria, as well as the status of the Iran nuclear deal.

Modi hailed his country’s close ties to Moscow, saying that Russia has always “stood shoulder-to-shoulder with India in the energy sector and our goals.”

Russia is Biggest Military Supplier

Modi’s right-wing government has pursued closer ties with Washington since it came to power four years ago. Relations between India and Russia had taken a backseat.

But Russia still remains India’s biggest military equipment supplier, accounting for 62 percent of India’s total weapons imports during the past five years, according to the Stockholm Peace Research Institute.

The deal signed on Friday is a setback to US efforts to “isolate” Russia and it would now have to choose between “punishing” India or agreeing to a waiver.

“This would reinforce the continued strength of a Russia-India partnership even amid a growing US-India relationship,” said Michael Kugelman from the Wilson Centre in Washington.

“The deal would also mark a major setback to any US efforts to undercut Russia. For Moscow, the inking of a major defence deal with one of Asia’s key growing powers is no small matter.”

Earlier this week, the US warned India against buying weapons from Russia, with a US State Department official urging “all of our allies and partners to forgo transactions with Russia that would trigger sanctions under the CAATSA”.

“The US has made a law applicable to third countries so it must find the way out. Otherwise, it risks damaging its relationship with India,” said Joshi.

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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