atynews.com – The Indian Defense Council (DAC) has reportedly approved a deal to buy Russia’s S-400 air defense missile system.
Quoted from the Times Of India, Monday (2/7/2018), talks this agreement is known to have lasted since last 2016.
Furthermore India only needs approval from the finance ministry and Prime Minister for final approval of the S-400 purchase.
“The S-400 procurement case will now go to the finance ministry for permission and the PM-led Security Cabinet Committee for final approval.The country’s political leadership will have to take place at the time the contract can actually be signed,” a statement said.
India plans to buy five S-400 complexes from Russia for a total cost of about USD 5.5 billion.
This agreement is predicted to further exacerbate relations between India and the United States (US). Given, the US has said the purchase will affect the defense collaboration between the two countries.
Indian Defense Minister Nirmala Sitharaman on June 5 said that Moscow and New Delhi had reached the final stages of negotiations on the S-400 deal.