19th India-Russia Annual Bilateral Summit: India signs deal with Russia to buy S-400 Triumf Missiles

Prime Minister Narendra Modi and Russian President Vladimir Putin met on October 4-5 2018 for the 19th Annual Bilateral Summit in New Delhi. Following the Summit, both the sides jointly released the India-Russia Joint Statement.

Oct 5, 2018 20:55 IST
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India and Russia on October 5, 2018 signed a USD 5.43 billion deal for India to procure the S-400 Triumf missile system from Russia.

The deal was signed following the 19th India-Russia Annual Bilateral Summit between Prime Minister Narendra Modi and Russian President Vladimir Putin and other delegates. Russian President Vladimir Putin is on a two-day visit to India.

S-400 Triumf Missile System deal

After bilateral talks between Prime Minister Narendra Modi and Russian President Vladimir Putin, India and Russia signed the USD 5.43 billion deal for S-400 air defence system. The system is expected to be delivered by 2020.

What is S-400 missile system?

  • An upgraded version of the S-300 systems, the S-400 is a surface-to-air missile system that can take down enemies' aircraft in the sky from the surface itself.
  • Known as Russia's most advanced long-range surface-to-air missile defence system, S-400 is capable of destroying hostile bombers, jets, missiles and drones at a range of 380 km.
  • The S-400 missile system was manufactured by Almaz-Antey and has been in service in Russia since 2007.

Fear of US Sanctions on India

The procurement of the S-400 missile defence system deal could result in the US sanctions on India under the Countering America's Adversaries through Sanctions Act (CAATSA) instituted by the US Congress on arms purchases from Russia.

Under the CAATSA, the United States can impose sanctions on any country that has “significant transactions” with Iran, North Korea or Russia. The CAATSA was framed to punish Russia for the 2014 capture of Crimea from Ukraine, for its involvement in the Syrian civil war and for meddling in the 2016 US presidential election.

China was the first buyer to seal a government-to-government deal with Russia in 2014 to procure the lethal missile system and Moscow has already started delivery of the S-400 missile systems to Beijing.

The US has urged its allies to decline transactions with Russia, warning that the S-400 missile defence system would be a 'focus area' for it to implement punitive sanctions against a nation undertaking 'significant' business deals with the Russians.

However, American lawmakers have allowed the possibility of a presidential waiver.

List of Agreements and MoUs exchanged between India and Russia

Apart from S-400 missile system deal, India and Russia exchanged 8 agreements and Memorandums of Understanding (MoUs). Here is the list of agreements:

S. No.

Name of the Agreement

Signatory (Russia)

Signatory (India)


Protocol for Consultations between the Russian Ministry of Foreign Affairs and Union Ministry of External Affairs  during 2019-2023

Sergey Lavrov,
Minister of Foreign Affairs of Russia

Sushma Swaraj, Union
External Affairs Minister


MoU between the Ministry of Economic Development of Russia and India’s NITI Aayog

Maxim Oreshkin, Minister of Economic Development of Russia

Rajiv Kumar, VC, NITI Aayog


MoU between Indian Space Research Organization (ISRO) and the Federal Space Agency of Russia ‘ROSCOSMOS’ on Joint Activities in the field of Human Spaceflight Programme

Dmitriy Rogozin, Director of ROSCOMOS

Vijay Gokhale, Foreign Secretary


Memorandum of Cooperation between the Indian and Russian Railways

Oleg Belozerov, CEO-Chairman of JSC Russian Railways

Vijay Gokhale, Foreign Secretary


Action Plan for Prioritisation and Implementation of Cooperation Areas in the Nuclear Field

Alexi Likhachev, DG, Rosatom

K N Vyas, Secretary, DAE


MoU between the Russian Ministry of Transport and Indian Railways in the Development Cooperation in Transport Education

Nikolay Kudashev, Ambassador of the Russia to India

D.B. Venkatesh Varma, Ambassador of India to Russia


MoU between the National Small Industries Corporation (NSIC) of India and the Russian Small and Medium Business Corporation (RSMB) on Cooperation in the field of Micro, Small and Medium Enterprises

Alexander Braverman,
Director General , Russian Small and Medium Business Corporation

D.B. Venkatesh Varma, Ambassador of India to Russia


Cooperation Agreement in the Fertilizers Sector between the Russian Direct Investment Fund (RDIF); PJSC Phosagro (PhosAgro) and Indian Potash Limited (IPL)

Kirill Dmitriev, Director general of the Russian Direct Investment Fund, Andrey Guryev,
CEO for PhosAgro

D.B. Venkatesh Varma, Ambassador of India to Russia

India-Russia Joint Statement

Prime Minister Narendra Modi and Russian President Vladimir Putin met on October 4-5 2018 for the 19th Annual Bilateral Summit in New Delhi. Following the Summit, both the sides jointly released the India-Russia Joint Statement.

Here are the key highlights of the India-Russia Joint Statement:

• Both the sides reaffirmed their commitment to the Special and Privileged Strategic Partnership between India and Russia.
• They reaffirmed that being multicultural, multilingual and multi-religious societies, India and Russia bring civilisation wisdom to address modern day challenges.
• Subsequent to the successful implementation of the Protocol on Foreign Office Consultations for the period 2017-18, they agreed to extend the period of Consultations for five more years (2019-2023) and signed a Protocol to this effect.
• They welcomed the agreements reached in November 2017 between their concerned authorities, for cooperation on internal security, drug trafficking and disaster management, including the Joint Action Plan for the period of 2018-2020.
• They showed their satisfaction with the implementation of the Cultural Exchange Programme for 2017-2019 signed in 2017.
• They reviewed the progress on the achievement of the goal to increase two-way investment to USD 30 billion by the year 2025.
• They noted that the first meeting of the Strategic Economic Dialogue between NITI Aayog of India and the Ministry of Economic Development of the Russian Federation would be held later in 2018 in Russia.
• They welcomed the start of consultations on the Free Trade Agreement between the Eurasian Economic Union and its member states.
• They welcomed the holding of the India-Russia Business Summit on the margins of the 19th Annual Summit on October 4-5, 2018 in New-Delhi with the participation of large business delegations from both sides.
• They called for the development of the International North-South Transport Corridor (INSTC) through intensified efforts by finalising pending issues.
• They stressed the importance of India-Russia cooperation in outer space and welcomed the activity on setting up measurement data collection ground stations of the Indian Regional Navigation Satellite System NavIC and the Russian Navigation Satellite System GLONASS.
• The Sides welcomed the conclusion of the contract for the supply of the S-400 Long Range Surface to Air Missile System to India.
• They affirmed "equality, mutual respect and non-interference as universally acknowledged norms of international law as reflected in the United Nations Charter and the 1970 Declaration on principles of international law concerning friendly relations and co-operation in accordance with the UN Charter.”


India-Russia cooperation is based on the 1971 Treaty of Peace, Friendship and Cooperation between the India and Russia; 1993 Treaty of Friendship and Cooperation; 2000 Declaration on Strategic Partnership; and 2010 Joint Statement, elevating the Partnership to a Special and Privileged Strategic Partnership.


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