Reuters breaks news on India’s friction with U.S. rises over planned purchase of Russian S-400 defense systems

Reuters broke the news that the United States has warned India that it won’t get a waiver on its decision to buy Russian air defense systems, raising the risk of sanctions similar to those imposed on Turkey last month for buying the same missile batteries. The $5.5 billion deal is the first point of friction with the new Democratic administration led by president Joe Biden.

Article Tags
Topics of Interest: Technology
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: India
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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