President Vladimir Putin is in India on a two-day state visit to India, his third trip to India during Prime Minister Modi’s term. A key agreement that has just been signed is the $5 billion deal for the S-400 air defence system. However, U.S. sanctions on Russia’s top defence manufacturers will be a hurdle in closing this agreement, making payments to Russia difficult and scaring away potential Indian partners, especially those with investments in the West. Gateway House looks at India’s options for successfully concluding this agreement without falling foul of American sanctions.
On the occasion of the BJP government’s one-year anniversary, Neelam Deo, director, Gateway House, delivered a series of lectures across the U.S., analysing Modi’s foreign policy. His energetic style, she said, has created several milestones—including a revival of relations with the U.S. and Russia, and a new approach to China and to India’s neighbourhood—that can cumulatively transform India’s growth trajectory. This is an abridged version of her lecture:
Neelam Deo, Director, Gateway House, talks about the potential economic impact of the ongoing crisis in the Ukraine. In this interview, she also examines the aid packages offered to Ukraine by Russia and the West, and assesses how the situation will affect India’s trade relations