The Indian Air Force's Russian-made Sukhoi-30 aircraft fly past during the Republic Day parade in New Delhi, India, January 26, 2018. REUTERS/Adnan Abidi/File photo
Reuters: Some U.S. allies caught in crossfire of sanctions on Russian arms
NEW DELHI (Reuters) - U.S. sanctions on Russian military exports have put the brakes on a $6 billion deal with India and may derail the arms purchases of other U.S. allies around Asia, experts say.
Under a law that U.S. President Donald Trump signed in August, any country trading with Russia’s defense and intelligence sectors will face sanctions.
The law is designed to punish Russian President Vladimir Putin for the 2014 annexation of Crimea from Ukraine, involvement in the Syrian civil war and meddling in the 2016 U.S. presidential election.
But American allies who buy weapons and equipment from Russia, the world’s second-largest arms exporter, could suffer as well.
Read more ....
Update: US sanctions heap pressure on Russian arms makers (Financial Times)
WNU Editor: The Russians are boasting that sanctions have not seriously hurt their arms export business .... Russia retains 2nd place in military-technical cooperation despite sanctions — deputy PM (TASS).