Sanctions Could Hit Deliveries Of S-400, AK 203 And 11356 Frigates from Russia

The conflict in Ukraine has cast a shadow on delivery of critical military systems in the pipeline from Russia, with the West looking at additional economic sanctions that can impact weapons trade. Besides spares and supplies for existing equipment, adverse sanctions could impact delivery of at least three systems, including the S-400 air defence system and Talwar class frigates. These are in advanced stages of delivery, with payments being made through European banking channels. Read More…