Moscow and Delhi will sign a deal worth more than $5 billion on the delivery of Russian S-400 anti-aircraft missiles when President Vladimir Putin visits India later this week, Kremlin aide Yuri Ushakov said on Tuesday.
Putin will be on a two-day visit here beginning October 4 to hold the annual India-Russia summit with Prime Minister Narendra Modi, with a focus on further boosting bilateral ties and deliberate on a range regional and global issues including US sanctions on import of Iranian crude oil.
The announcement of the Russian leader's visit was announced by the Ministry of External Affairs. "President of the Russian Federation Vladimir V Putin will pay an official visit to New Delhi from October 4-5 for the 19th India-Russia annual bilateral summit," it said.
Besides a host of other issues, the two leaders are likely to review bilateral defence cooperation in the wake of the US sanctions against Russian defence majors, sources said.It is not yet clear whether the two countries will sign an agreement sealing the S-400 missile deal during Putin's visit. Both sides have almost concluded negotiations on the Rs 40,000 crore deal under which Russia will supply a batch of the missile system to India.
There have been indications by New Delhi that it will go ahead with the deal notwithstanding the US sanctions.
"India has maintained its sovereignty as regards to its relations...