Jan 23, 2019 SOURCE: © CTO Data Services Co.
INDIA READY TO SIGN FRIGATE PROCUREMENT DEAL WITH RUSSIA
The Indian government is preparing to sign an offsetheavy contract for the procurement of four frigates from Russia ahead of an intergovernmental summit in October. Efforts are now being made to finalise the terms. India may make payments through the “rupeeruble route” to avoid U.S. banking sanctions.
The frigates would cost...
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