... East that does not accord with U.S. interests.
For that purpose, as a gesture of goodwill, it would suffice for Washington to make the decision to completely or partially exempt the states that are members of the coalition from the Iranian “oil” sanctions. For India, for instance, such a decision would be a major additional stimulus to join the coalition. Naturally, it would also be an additional incentive for the Iranian leadership to look favorably on the idea of international patrolling operation and to ...
..., India is caught in the crossfire. Russia is its long-standing strategic partner and for the foreseeable future its irreplaceable supplier of defence equipment and weaponry. The sanctions pose significant risks to this vital relationship. Under the sanctions, Indian companies doing business with critical Russian defense suppliers like Rosoboronexport, United Shipbuilding, and Almaz-Antey could find themselves locked out of the dollar-based global financial system controlled by the U.S. Even the activities ...
... toughen the sanctions regime to achieve this if such actions are needed. New Delhi must thus work out how friendly U.S. policy is towards India, and how willing Washington is to allow India an independent foreign policy. The United States threatens India through financial sanctions to buy American weapons, forcing India to either disarm themselves in front of China or get into debt. This means that New Delhi needs to make a choice that will directly affect the future of the country’s military-technical cooperation with ...
... Designated Nationals and Blocked Persons List (
SDN
).
Especially the secondary sanctions pose a severe risk to the Russo-Indian arms trade. CAATSA imposes restrictions on banks that carry out operations with individuals and legal entities that are under sanctions.
By Indian law
, all foreign vendors of defense equipment need to furnish guarantees from designated Indian banks before bidding for any project. The Indian baking sector is very internationally active and enjoys strong links with American banks. Sanctions ...
On the potential impact of American sanctions on the Russia – India Arms Trade
The Russian Federation is the second largest supplier of weapons globally. In 2016, 21% of global arms sales were Russian. Between 2000 and 2016 Russia accounted for on average
25% of global exports
. During that period 30% of exports ...
