SP's Aviation - - NEWS | DIGEST -

It has been re­ported that the De­fence Ac­qui­si­tion Coun­cil (DAC) has given its fi­nal ap­proval to an agree­ment to pur­chase S-400 air de­fence mis­sile sys­tems from Rus­sia, de­spite op­po­si­tion from Wash­ing­ton. The deal was given pre­lim­i­nary ap­proval by the DAC in 2016. How­ever, the fi­nal doc­u­ment, which was dis­cussed dur­ing the re­cent com­mer­cial ne­go­ti­a­tions with Rus­sia, still re­quired some ad­just­ment. Ac­cord­ingly DAC ap­proved the deal with “mi­nor de­vi­a­tions,” on June 28, 2018. The case will now be pro­cessed as per the pro­ce­dure which im­plies that it will be cleared by the Fi­nance Min­istry and the fi­nal clear­ance by the Cab­i­net Com­mit­tee on Se­cu­rity. The deal in­volves for the pur­chase of five S-400 sys­tems from Rus­sia for a to­tal of around $5.5 bil­lion. On June 5, 2018, In­dia’s Min­is­ter of De­fence, Nir­mala Sithara­man said that Moscow and New Delhi had reached the fi­nal stage of ne­go­ti­a­tions on the S-400 deal. US ambassador to the UN, Nikki Ha­ley, dur­ing a re­cent visit to In­dia, said in an in­ter­view that the is­sue of In­dia’s de­fence con­tracts with Rus­sia will be dis­cussed dur­ing the first round of the 2+2 US-In­dia talks which have been post­poned and its fu­ture dates have yet to be fi­nalised.

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