Russian president Putin calls poisoned ex-spy Skripal 'scumbag,' traitor

A banner in front of Serbian parliament building in central Belgrade Serbia

On October 2, a top Kremlin foreign policy aide Yury Ushakov said Putin will oversee the signing of the '$5 billion deal'. China was the first foreign buyer to seal a government-to-government deal with Russian Federation in 2014 to procure the lethal missile system and Moscow has already started delivery of an undisclosed number of the S-400 missile systems to Beijing. China too had purchased the S-400 missile system from Russian Federation in 2014.

China was the first foreign buyer to seal a government-to-government deal with Russian Federation in 2014 to procure the missile system and Moscow has already started delivery of an undisclosed number of the S-400 missile systems to Beijing.

Moreover, the Pentagon has warned India that the purchase would violate us sanctions against Russia's military that went into effect this year. India and Russian Federation are likely to sign a deal to get S-400 air defence systems and discuss key regional and global issues, including United States sanctions on the import of Iranian crude oil.

Congress enacted legislation this year that would allow the president to waive the sanctions for countries that are developing defense relationships with Washington.

The US is in a hard position as it seeks to contain China through better ties with India, which like Washington has been unnerved by Beijing's growing assertiveness. For months, there have been indications from New Delhi that it will sign the deal notwithstanding the U.S. sanctions.

The Russian S-400s are now the best complexes in their class. India has "healthy pragmatism", and it doesn't want "to somehow annoy" Washington by purchasing them, Aleksey Martynov, a director of the International Institute of the Newly Established States group, told RT. "We shall maintain it in all earnestness".

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Russian Federation has already increased oil output by 400,000 bpd in accordance with the agreement with its partners, and if necessary, Russian Federation could raise it by another 200,000-300,000 bpd, Putin said. The move is expected to open up more opportunities for the Indian SME sector through new markets, joint ventures, sharing of best practices and technology collaborations. There won't be time for chit-chat, however, as Putin and Modi are set to discuss cooperation in the area of defense, according to the Kremlin.

He added that an informal meeting would take place on October 4, in the course of which the sides would exchange opinions on worldwide and bilateral issues.

Iran and Russia have yet to implement an oil-for-goods scheme originally signed in 2014 and extended for five more years in April, which calls for Iranian crude exports of up to 500,000 barrels per day in return for Russian goods.

A number of crucial energy deals are slated to be signed by the two countries during the bilateral summit.

Russian state atomic energy corporation, Rosatom, is the consultant and equipment supplier for the Kudankulam Nuclear Power Project in Tamil Nadu, which envisages the construction of six 1,000 MW reactors.

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